Robert ReichIs there a better definition of corporate greed than a Warren Buffett-owned railway refusing to provide workers with sick leave despite the company reporting a net income of nearly $6 billion?
Unprecedented 2023@rbreich Isn’t he a huge philanthropic guy? But Don’t want to pay workers!
ImJulesWard@Mallulady @rbreich Can confirm. Buffett is definitely philanthropic — look up Sherwood Foundation.
I’m guessing someone else in his organization is making the rail decisions. Warren is getting old enough to be out of operations at almost any level. Not giving him a pass, just saying let’s look closer.
I’m guessing someone else in his organization is making the rail decisions. Warren is getting old enough to be out of operations at almost any level. Not giving him a pass, just saying let’s look closer.
dingodog@ImJulesWard @Mallulady @rbreich Buffett makes a point of staying out of operations. He buys companies he thinks are well-managed then gets out of the way.
That doesn't clear him of responsibility but it isn't his direct decision.