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Reply to post: Re: Pfft... stupid

IBM accused of pumping staff retirement funds into a tanking stock... IBM's to be exact

rcxb Silver badge
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Re: Pfft... stupid

> ... would have made more sense to let them tank, then use the retirement funds to buy them up cheap.

There was nothing to buy up. IBM had to give GlobalFoundries a huge check to TAKE the division from IBM. You'd get a better return investing in radioactive waste.

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