Business, Economics, and Taxes: Capitalism. Yay? >=(

[The Rube]

Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

I don’t think you know how large businesses work

Yeah, ok. Let me know where a CEO or CFO micro manages every single position. They manage a few positions below them, who manage a few positions below them, etc etc. For this program? Guessing that most companies' bigwigs didn't bat an eye, and left it to those where that is actually their job.

 

[Deutsche Gopher Fan]

Yeah, ok. Let me know where a CEO or CFO micro manages every single position. They manage a few positions below them, who manage a few positions below them, etc etc. For this program? Guessing that most companies' bigwigs didn't bat an eye, and left it to those where that is actually their job.

Micromanage when you’re talking about millions from a high profile gov program?
I’ve spent my career at large firms. You are off your rocker

 

[SJHovey]

Yet you quoted my post to go off of?

The sad thing is if this program would have been funded right they never get found. Of course if it had been set up right the loophole doesn't exist in the first place.

Yours just happened to be the last in a series of posts complaining about the companies when I elected to respond.

 

[The Rube]

Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

Micromanage when you’re talking about millions from a high profile gov program?
I’ve spent my career at large firms. You are off your rocker

My aunt was VP of a major bank, and she flat out said VP doesn't mean sh*.

The big biz companies...a lot gets lost in the translation, so to speak.

 

[dxmnkd316]

Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

You don’t just apply for things on behalf of a corporation without it being vetted. Especially when government is involved. Most corporations have fairly large departments devoted to handling all government-related manners.

 

[Handyman]

Yeah, ok. Let me know where a CEO or CFO micro manages every single position. They manage a few positions below them, who manage a few positions below them, etc etc. For this program? Guessing that most companies' bigwigs didn't bat an eye, and left it to those where that is actually their job.

As someone who defends you often...im begging you to stop. You are out of your depth here. I am not being mean, not insulting you and not trying be a jerk. You sound like people on ESPN describing college hockey. (who aren't Bucci and even he isn't great)

 

[Deutsche Gopher Fan]

My aunt was VP of a major bank, and she flat out said VP doesn't mean sh*.

The big biz companies...a lot gets lost in the translation, so to speak.

My firm has 4000 VPs what is your point?? You are wrong, flat out, and you can never, ever admit it. Are you my mother??

 

[Handyman]

You don’t just apply for things on behalf of a corporation without it being vetted. Especially when government is involved. Most corporations have fairly large departments devoted to handling all government-related manners.

Not to mention the CFO (often #2 in command structure) would have to sign off on it.

 

[dxmnkd316]

Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

My aunt was VP of a major bank, and she flat out said VP doesn't mean sh*.

The big biz companies...a lot gets lost in the translation, so to speak.

This is... undeniably wrong and naive.

 

[Handyman]

Yours just happened to be the last in a series of posts complaining about the companies when I elected to respond.

Fair enough.

 

[Handyman]

My aunt was VP of a major bank, and she flat out said VP doesn't mean sh*.

The big biz companies...a lot gets lost in the translation, so to speak.

Could your aunt make million dollar decisions on behalf of the branch without prior authorization and zero oversight? Cause that is what you are suggesting happened here.

 

[dxmnkd316]

Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

Could your aunt make million dollar decisions on behalf of the branch without prior authorization and zero oversight? Cause that is what you are suggesting happened here.

If I ask for $10 million in funding for a project, I don’t just ask the CEO for it. I have about four tiers of reviews and then the actual approval touches no fewer than four people’s desks before a single VP sees it. Then it probably touches another two VPs, an EVP, CFO, then the CEO.

There are very few large dollar transactions even internally that the CEO doesn’t approve.

 

[The Rube]

Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

My firm has 4000 VPs what is your point?? You are wrong, flat out, and you can never, ever admit it. Are you my mother??

The above helps show my point. 4000 VPs? Even with exaggeration, it shows how worthless that title is.

 

[Deutsche Gopher Fan]

The above helps show my point. 4000 VPs? Even with exaggeration, it shows how worthless that title is.

No, it does not. I’m not agreeing with you on anything. I don’t give a rats azz what your aunt did. Huge loans from high profile gov programs don’t escape attention of the TOP c level.

Lots of other guys here refuting you also, you seem to want to argue with me

 

[The Rube]

Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

No, it does not. I’m not agreeing with you on anything. I don’t give a rats azz what your aunt did. Huge loans from high profile gov programs don’t escape attention of the TOP c level.

Lots of other guys here refuting you also, you seem to want to argue with me

No, not really (sh*, that denial doesn't help my stance ). If you have 4000 VPs, that position really isn't as important as the title suggests it is. That is all I am saying.

 

[Deutsche Gopher Fan]

Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

Honestly, if this is what a toddler is like, I’m glad I didn’t have kids.

 

[aparch]

Honestly, if this is what a toddler is like, I’m glad I didn’t have kids.

Ditto. It's exhausting.

 

[aparch]

Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

So slight change of topic, but not by much; I'm slightly annoyed with the finger pointing articles at large publicly traded companies that don't have the liquidity AND meet employee cap set forth in the spirit (and recently formalized) of the PPP loan.

These companies actually need it, and yet they're being lumped in with the large corps who obviously scammed the system.

 

[The Rube]

Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

So slight change of topic, but not by much; I'm slightly annoyed with the finger pointing articles at large publicly traded companies that don't have the liquidity AND meet employee cap set forth in the spirit (and recently formalized) of the PPP loan.

These companies actually need it, and yet they're being lumped in with the large corps who obviously scammed the system.

This is in line with my views.

This is not black and white. There is a bit of gray in there. The general public see the bottom dollar of a big company and then go on a rampage. Step back, look at the details and process, then judge.

 

[dxmnkd316]

Re: Business, Economics, and Taxes: Capitalism. Yay? >=(

So slight change of topic, but not by much; I'm slightly annoyed with the finger pointing articles at large publicly traded companies that don't have the liquidity AND meet employee cap set forth in the spirit (and recently formalized) of the PPP loan.

These companies actually need it, and yet they're being lumped in with the large corps who obviously scammed the system.

Examples?

Because large companies complaining about liquidity should sell their stock to raise money. God I ****ing hate bailouts to these companies when they’ve been buying back billions in stock for years.