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conjurdude


El chupacabra tomó mis pantalones

el Jesús grande de la mantequilla


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Grrrrrr...
oh that's right I went there
conjurdude
The Chicago Trib has an article which basically points out that food corporations like Kraft, Nestle, Unilever and Kellogg's gambled and made really dumb decisions on futures prices, and now consumers have to pay higher prices for foods despite dramatic drops in commodities prices in the last 12 months. As a result, more consumers are fleeing to store brands and *shudder* Wal-Mart.

Why are the stockholders of those companies not dragging the (bad) decision-makers from burning buildings and lynching them yet? Is there no end to the stupidity and malfeasance that corporate executives can get away with and not be held accountable?
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Is there no end to the stupidity and malfeasance that corporate executives can get away with and not be held accountable?

Nope!

...oh, wait, was that a rhetorical question?

The stockholders may do that at some point. However, it looks to me like it's the sort of thing that happens from time to time. If you have to lock in on a price to get the raw materials you need, you take the chance that overall prices will drop.

This time last year, that same choice would've been a good one because prices were still climbing.

Sorry to be the voice of reason & ruin your disgruntlement ;-)

Dammit, and I was ready to get the torches, pitchforks, boiling oil, feathers and rail all set to go!

Even a year ago, though, prices were coming down...the buyers were running scared, and that's not a good time to make big decisions like that.

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