Organisations

greedy-investors are pushing for returns: will ThyssenKrupp be shattered soon?

Daimler too?

“In seinen Augen gebe es im Vorstand und Aufsichtsrat von Daimler „eine Kultur des Besitzstandswahrens“.” (Flossbach)

Nüja das ist ja scheinbar auch der Grund warum der Fonds-Manager die Aufspaltung will – er will das Geld seiner Anleger wahren und mehren – also auch Besitzstandswahrung.

Also geht es im Kapitalismus immer nur darum: Möglichst aggressiv am Kuchen zu zerren, damit man selbst möglichst viele Stückchen abbekommt – Nachhaltigkeit – Gerechtigkeit – Zukunftsfähigkeit – Klimawandel – alles egal. ‘”Nach uns die Sintflut” ist das Motto einer jeden Kapitalisten-Nation’ (Marx).

https://www.handelsblatt.com/unternehmen/industrie/flossbach-von-storch-daimler-grossaktionaer-fordert-ein-aufbrechen-des-konzerns/23120002.html

Short-term profit Maximisation at the expense of employees:

greedy-investors demand “to bring some phantasy into the stock price”

Heuschrecken drängen auf Rendite: Wird ThyssenKrupp bald zerschlagen?

Kurzfristige RenditeMaximierung auf Kosten der Angestellten:

Anleger fordern “Phantasie in den Aktienkurs bringen”

“Singer Elliot and Cevian Capital force management to maximize profits regardless social and envinronmental costs”

It works like this: Cut costs: fire 50% of all workers and make those that stay work double – also do whatever makes the balance sheed look pretty – then sell again to the next investor – that does the same. This happened with WMF – a traditional family run business.

I am not sorry for ThyssenKrupp but selling out democracy and family-business to greedy ignorant and egocentric capitalists is the evil side of capitalism and leads us into dark ages of lesser fun to survive on this planet.

Wird Herr Kerkhoff auch bald vor den Investoren in die Knie gehen damit “endlich” wie es die Heuschrecken-Investoren fordern – ein neuer Manager 50% aller Mitarbeiter vor die Türe setzt, damit der Aktienkurs steigt und die Firma bald mit 300% Gewinn an den nächsten Heuschrecken-Investor verkauft werden kann? (so geschehen mit WMF)

https://www.n-tv.de/wirtschaft/Wird-ThyssenKrupp-bald-zerschlagen-article20533958.html

“New York’s major investor Paul Singer has bought into the German steel group.”

A “investor”/speculator with the reputation of evil. His way of business: blackmail.

“Der New Yorker Großinvestor Paul Singer hat sich in den deutschen Stahlkonzern eingekauft.”

https://www.zeit.de/2018/25/paul-singer-thyssenkrupp-aktionaer

Feigheit vor dem Feind

https://www.zeit.de/2018/30/thyssenkrupp-ruecktritte-ulrich-lehner-heinrich-hiesinger-aktionaere

“Der Chefaufseher des Konzerns äußert sich in einem Interview erbost über das Verhalten aktivistischer Investoren. Gemeint sind Cevian Capital und Elliott.

“Lehner wirft vor allem aktivistischen Investoren vor, unlautere Mittel verwendet zu haben. Unwahrheiten seien in der Öffentlichkeit platziert worden, unberechtigte Rücktrittsforderungen geäußert und Nachbarn und Familienmitglieder belästigt.”

https://www.handelsblatt.com/unternehmen/industrie/nach-hiesinger-ruecktritt-thyssen-krupp-chefaufseher-lehner-wirft-investoren-psychoterror-vor/22789910.html

An activist shareholder is a shareholder that uses an equity stake in a corporation to put pressure on its management.[1]

The goals of activist shareholders range from financial (increase of shareholder value through changes in corporate policy, financing structure, cost cutting, etc.) to non-financial (disinvestment from particular countries, adoption of environmentally friendly policies, etc.).[2]

A fairly small stake (less than 10% of outstanding shares) may be enough to launch a successful campaign. In comparison, a full takeover bid is a much more costly and difficult undertaking. (src)

“The group is not only looking for a new strategy – It is also a conflict of German industrial Tradition with financial capitalism.”

“Der Konzern ringt nicht nur um eine tragfähige Strategie – Es ist auch eine Auseinandersetzung deutscher Industrietradition mit dem Finanzkapitalismus.

https://www.handelsblatt.com/meinung/kommentare/kommentar-thyssen-krupp-kaempft-gegen-globalen-finanzkapitalismus/22772866.html

“Reimar Lüst. „Wir werden den Heuschrecken nicht das Feld überlassen, sonst verraten wir den Auftrag der Stiftung”, wird dieser zitiert. Wenn man könnte, würden wir man Hiesinger sofort zurückholen. Man habe immer hinter ihm gestanden.”

Quelle: http://www.faz.net/aktuell/finanzen/finanzmarkt/psychoterror-im-hause-thyssen-krupp-15686240.html

“Der Thyssenkrupp-Aktionär Elliott hat dementiert, jemals auf eine Zerschlagung des Konzerns gedrungen zu haben. In einem Brief an den Aufsichtsrat verwahrte sich der Hedgefonds des Investors Paul Singer zudem gegen den Vorwurf des zurückgetretenen Aufsichtsratschefs Ulrich Lehner, “Psychoterror” betrieben zu haben, und warf ihm seinerseits Diffamierung vor.”

https://www.n-tv.de/wirtschaft/Elliott-Zerschlagung-nie-gefordert-article20537173.html

Is kla.

 

https://www.n-tv.de/mediathek/videos/wirtschaft/Interims-Chef-will-Zerschlagung-von-ThyssenKrupp-verhindern-article20536692.html

Update: 8 killed in explosion in Weapons Factory in SouthAfrica

September 3, 2018: “The company, which specializes in the development, design and manufacture of large- and medium-caliber ammunition, is 51 percent-owned by Rheinmetall Waffe Munition GmbH of Germany and 49 percent by Denel SOC Ltd., South Africa’s state weapons company, according to its website. The Macassar site, one of five it operates in South Africa, has 600 employees… The South African unit was its most profitable business across its defense operations in the second quarter, with an operating margin of +9.2% (p.a.).” (src)

Arms business of German banks and funds

/ Rüstungsgeschäfte deutscher Banken und Fonds:

It is just sickening.

‘A new report by Amnesty International blames “decades of poorly regulated arms flows” into Iraq for providing Isis with a huge arsenal of weapons – including some marked “made in Germany”.’ (src)

Germany comes in 5th in terms of weapons sales and Trump wants Germany/Europe to boost military/weapons spending because “he ain’t going to pay anymore for (US) military adventurers around the world that are partly NATO supported” (Afghanistan for example)

World’s largest arms exporters

2012–2016
Rank
Supplier Arms Exp
1  United States 47,169
2  Russia 33,186
3  China 9,132
4  France 8,564
5  Germany 7,946
6  United Kingdom 6,586
7  Spain 3,958
8  Italy 3,823
9  Ukraine 3,677
10  Israel 3,233

While it is a valid statement – that Germany is not spending a lot of it’s GDP on weapons – it is also a dangerous one – because it asks for re-armament of GERMANY! Hello? GERMANY! You want the people you often call NAZIS to spend more on WEAPONS? ARE YOU SURE THAT’S A GREAT IDEA in times that right-wing politicians gain ground because of fear of people of globalization (suprime-financial crisis) and war and poverty refugees from Syria, Iraq, Afghanistan and Africa?

It is also valid that NATO is a dangerous alliance similar to those before World War I.

Before WW1 Germany sided with Austria “in case of an attack” and the “terrorist attack” came promptly – that killed heir of the throne to Austria – which set of World War I – because Russia was siding with Sarajevo.

Now Turkey is NATO member and any false flag “terrorist” attack that blames non-NATO members (Russia, Iran) would immediately force all NATO-members to fight back in a Washington-controlled way.

Yes America is far away from Afghanistan and Europe – so they use Europe as a playground for their troops and geopolitical maneuvers.

If USA gives weapons to Syrian Rebel groups including ISIS – than Russia or China or Iran may as well give weapons to Rebel groups in Southamerica and Mexico that suffer dearly from poverty under privatization and globalization as well (they can’t afford their own land).

Believe me in Paraguay there are so many poor people – that if they were armed would overthrow the government in 3 days and kill or kick out all white men and woman in 3 weeks.

Do we really want to escalate and get our weapons or steel-copper-nickel-investing hands stained with blood for profit?

Rheinmetall financial overview and CEOs:

(src)

Terrence Hill was there – Bombing of Dresden 1945

he now campaigns against the arms business.

German Institutions and their investments that are paid by the blood of the poor (war, including civil war):

Institut Betrag (Euro) Profitierende Unternehmen
UniCredit Group/ Hypovereinsbank 4,463 Mrd. Airbus, MTU Aero Engines, Northrop Grumman, Rheinmetall, Rolls Royce und Thyssenkrupp (Uboote/Submarines)
Deutsche Bank 1,932 Mrd. Airbus, Boeing, MTU Aero Engines, Northrop Grumman, Raytheon, Rheinmetall, Rolls Royce und Thyssenkrupp (Uboote/Submarines)
Commerzbank 1,747 Mrd. Boeing, MTU Aero Engines, Rheinmetall, Rolls Royce und Thyssenkrupp (Uboote/Submarines)
Bayern LB 825 Mio. Boeing, MTU Aero Engines, Rheinmetall, Rolls Royce und Thyssenkrupp (Uboote/Submarines)
DWS (Investment-Tochter der Deutschen Bank) 3,5 Mrd. Daimler, Jenoptik, MTU Aero Engines, Siemens und Thyssenkrupp (Uboote/Submarines)
Deka Investment (Sparkassen-Fondsanbieter) 760 Mio. Airbus, BAE Systems, Boeing, MTU Aero Engines, Northrop Grumman, Rheinmetall und Thyssenkrupp (Uboote/Submarines)
Allianz 596 Mio. Airbus, BAE Systems, Boeing, MTU Aero Engines, Raytheon und Rheinmetall
Union Investment (Volksbanken-Fondsgesellschaft) 540 Mio. Airbus, Lockheed Martin, MTU Aero Engines, Northrop Grumman, Raytheon und Thyssenkrupp (Uboote/Submarines)

Quelle: https://www.tagesschau.de/wirtschaft/ruestungsgeschaefte-banken-101.html

 

what caused the decline of the Roman Empire?

1. corruption (killing of #Cesar: “et tu brute?”)
https://en.wikipedia.org/wiki/Et_tu,_Brute%3F

2. lead water pipes (todays environment pollution)

no form of state found a good fix for corruption.

transparency could be the fix. (freedom of speech, uncensored / unredacted internet, privacy for the poor, transparency for the powerful, wikileaks, snowden)

but we would also need transparency about the “blood” of the economy/society where the money is created and where it is flowing.

this demands major steps towards whistle blower protection.

if in a “democracy” you can’t tell the truth about a crime without going to jail by secret courts (without transparency, without the public getting any insight, that would be what Snowden is facing when extradited to the USA), than this is NOT a democracy or a lawful state, this is corruption.

unfortunately “telling the truth” can collide massively with the interest of companies (protecting their intellectual property) and spy agencies (protecting their methods) but if a company or an agency is doing things unlawful – than blowing the whistle on that should be protected by law.

i would compare it with a body: if there is something wrong in your body – you SHOULD feel a pain – if you don’t – your early warning system is broken and the whole body-nation might die.

that is the problem with dictatorship: No one dares to tell the King that his decisions might be wrong – thus – an important error-correction element was taken out of the equation – does not sound like a fix to me.

corruption is the major problem – when unfixed – history will repeat itself. (democracy -> dictatorship -> democracy -> dictatorship… back and forth in an endless loop of non-sense.)

for me the biggest “turning point” was the terror attack that killed President #Kennedy, that would have never happened without sufficient levels of corruption. that was basically the killing of Cesar.

in this moment international faith in the faithfulness and righteousness of USA was lost on sarge scale.

please remember: people around the world suffer from their (corrupt to the bone) governments, that includes #USA, #Europe, #Israel… can’t speak for China i guess they are not allowed to utter such things.

basically with corruption injustice follows… and the rich get richer and the poor get poorer and everything goes out of balance and descents into chaos.

asked: https://diaspod.de/posts/2e4ad0905c840136eabb543d7eeced27

https://www.thenation.com/article/caused-united-states-decline/

what gives me faith is this:

but be careful and not naive: the path to hell is paved with “good intentions”.

“good intentions” will not cut it – it needs to be thought through and tested concepts that work better than what we already have – sounds like work? it is.

but not doing this work would mean give up on mankind.