Monday, May 25, 2009

Market punishes good deeds :(

This is a 'Yes Men' prank, the dude doesn't work for DOW :D The company's stock lost 3 billion dollars when people thought they were going to do the right thing. It went right back up when stockholders learned that DOW wasn't going to pay a cent. Bit of a hit for capitalism if you ask me - nice on paper, not so cool in practice.

more info here: http://www.poptech.org/popcasts/?viewcastid=254

2 comments:

Substance said...

Heh.

:( indeed.

Substance said...

It is nice to see Yes Men infiltrate the media to stir things up though.