Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

[...] George Roberts, the "R" of KKR, claimed that since the Oregon public employee pension fund invested in the KKR fund which bought Safeway, "the masses" benefited. He justified the LBO by stating that Safeway employees were finally being held accountable to global competition. [...] The company whose "first store had been opened by a clergyman who wanted to help his parishioners save money" was redefined. Now, "the new corporate statement, displayed on a plaque in the lobby at corporate headquarters, read in part: 'Targeted Returns on Current Investment'" [...]

jesus. relevant for VC model

—p.144 Wall Street Historiographies and the Shareholder Value Revolution (122) by Karen Ho 5 years, 4 months ago