> These new consultants came with different assumptions and came to different
> conclusions. Many of the plants that had
> been profitable were now financial drags and were sold....
Ah, the Jack Welch school of management.
> So sure, Oly's camera division may be being saddled with costs that may not
> be appropriate, for whatever business,
> political or philosophical reasons. Almost certainly not illegal, as it's all
> one entity. Unethical? Probably depends on
> point of view.
It depends. With publicly traded companies, it can be a problem. And
lest we forget, Olympus found a way to lose a billion dollars on real
estate speculation and then proceeded to bury it in "divisional
losses" for years.
AG Schnozz
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