Thread regarding Baker Hughes Inc. layoffs

How the Hell is it ALL of us knew this merger was unacceptable on day 1. Yet HAL & BHI proceeded?

This is criminal. Never trust authority at any LEVEL!

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Post ID: @OP+GNIKvKY

8 replies (most recent on top)

Damn it is dragging like Trump and Cruz

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Post ID: @5luf+GNIKvKY

Interesting Bloomberg article posted 6 PM yesterday that seemed to say GE wouldn't want all of BHI at least initially. The reasoning being GE hasn't gotten their too big to fail tag removed and that limits their ability to make big deals. And GE likely would want to wait a while after BHI pulled the plug HAL to allow BHI to right size b4 GE bought BHI. The HAL deal has limited BHI's ability to right size. Seems like an odd view given BHI has already canned 20K people.

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Post ID: @1lwp+GNIKvKY

HAL to fight DOJ in court to keep GE from buying BHI. HAL don't want GE as competitor. Just a thought. The deal was bad from the start. This court battle could wage on for a considerable amount of time. In the mean time they keep reducing cost to fund the craziness.

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Post ID: @1mef+GNIKvKY

Corporate greed, all of the assclowns are still getting rich.

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Post ID: @1xla+GNIKvKY

It was only a great idea merger for the few at the TOP knucklehead.

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Post ID: @qvz+GNIKvKY

Why did you think it was a bad idea? The DOJ is rejecting it because they basically thought it was too good of an idea that it would be damaging to competition...

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Post ID: @jon+GNIKvKY

Yea yea, you are a genius who knew the future. Good for you...

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Post ID: @oyu+GNIKvKY

boo hoo

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Post ID: @wjs+GNIKvKY

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