2/2
"non-academic staff comprise 60% of #university employees.. #Academics who historically held governing roles have been purged from university councils, replaced by figures from the #business world .. fewer than one-third of university council members possess any #educational #expertise.. A lot of us think #Australia's university system is now #beyondrepair"
The scourge of our 21st CE: untethered #profiteering from people's most basic needs -- #education, #healthcare & #shelter.
#StopGreed
#TedyTeow, #Malaysian #fraudster dubbed #JhoLow 2
"Malaysian social media celebrated Teow’s extradition to PRC. “He destroyed many people’s lives.. deserves to be whipped, tortured & suffer in prison b4 dying”.. Ang hopes his experience will serve as a #cautionarytale to anyone #tempted by #investments offering too much, too fast. “huge cos like EPF offer #reasonable returns at ~6%.. what makes u think much smaller cos can #guarantee returns tt r much higher?”"
#StopGreed
https://www.scmp.com/week-asia/people/article/3276381/how-tedy-teow-malaysian-fraudster-dubbed-jho-low-2-allegedly-swindled-millions
#dejavu
Musk’s #Twitter #Takeover Is Now the Worst #Buyout for Banks Since the GFC
"The $13bil tt #Musk #borrowed has turned into e #worst #mergerfinance deal for #banks since the 2008-09 #GFC. The 7 banks in e deal, incl'g #MorganStanley & #BofA, lent e money in Oct 2022.. nearly 2 years aft, X’s biz is still struggling to climb out of the #deephole it fell into under his ownership—the co last yr said its value had fallen by more than half, to around $19bil"💸 #StopGreed
https://www.msn.com/en-us/money/companies/elon-musk-s-twitter-takeover-is-now-the-worst-buyout-for-banks-since-the-financial-crisis/ar-AA1p6hLY
Granted, it's a little heavy handed, but @ThomHartmann has a point. The extreme wealth inequality in this country is hurting the vast majority of Americans, and it doesn't have to be this way. Nobody should be homeless or starving in the richest country in the world. Everyone should be paying their fair share. We shouldn't have people becoming destitute because they need medical care.
https://hartmannreport.com/p/how-the-richest-democracy-in-the-f54
>> Why it makes sense, as much as practicable, to avoid #airlines that fly old planes?🧐🛩
UK makes arrest in #fake #airplane #parts #scandal
"The issue appears to concern #CFM56 #turbines, which power older-generation Airbus #A320 and Boeing #737 jets. They remain by far the most widely flown engines in the global #airline fleet, with more than 22,000 units still in service. A CFM56-powered aircraft takes off every two seconds somewhere on the planet" #StopGreed #aviation
https://www.bangkokpost.com/business/general/2699781/uk-makes-arrest-in-fake-airplane-parts-scandal
@thejapantimes The sole and fatal reason that will "kill" #twitter is the over-valued LBO and subsequent #mismanagement of the #birdsite by the narcissistic egoist #Musk - all other issues are merely red herrings. The only "reason" and hence the only one to fault is himself, but he won't admit it of course. #StopMusk #StopGreed
"Damage fr #mining can incl noise, vibration & light #pollution, as well as possible leaks & spills of fuels & chemicals used in the mining process .. some companies — such as Google, Samsung, BMW etc — hv backed #WWF’s call to pledge to avoid using minerals that have been mined fr the planet’s #oceans. More than a dozen countries—including #France, Germany & several #Pacific Is nations— have officially called for a #ban, pause or #moratorium on #deepseamining" #StopGreed
https://apnews.com/article/mining-critical-materials-sea-ocean-7d883d7e9238006a0faaab837d3d1240
