These two activist Hedge Funds are behind all the Layoffs and Cost Cutting. That’s how they make their money! They buy a large block of company stock, install a new CEO Puppet like Marvin Ellison to front for them.
Then they proceed to cut cost to the extreme in order to raise Stock Prices in the Short Term. Once the stock hits their goal, they sell. The company is left in Ruin and they move on to their next victim.
David E. Shaw and William Ackman are the villains lurking in the shadows! McFarland is an instrument of their plans the same as Ellison. That’s why he won’t be terminated for racial comments. And yes, they will harvest Lowe’s, leave it destroyed and move on.
David E. Shaw and William Ackman are helping destroy American Jobs and business!!!