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re: AB Inbev market cap has dropped 27 billion, I thought blackrock would prop it up?????
Posted on 6/6/23 at 2:28 am to trinidadtiger
Posted on 6/6/23 at 2:28 am to trinidadtiger
How warm horse piss that is Bud Light was worth that much before this is crazy
1
Posted on 6/6/23 at 6:11 am to psk_Vol
quote:How did you acquire this warm horse piss to compare flavors with Bud Light?
How warm horse piss that is Bud Light was worth that much before this is crazy
On another note, is the skank that started all of this still on "administrative leave"?
Posted on 6/6/23 at 6:30 am to trinidadtiger
If it keeps this up… the Busch family can buy it back at a discount.
Posted on 6/6/23 at 6:43 am to LemmyLives
Black Rock Coffee Co?
Posted on 6/6/23 at 6:50 am to trinidadtiger
If you read the InBev CEO’s comments from the recent earnings call, the company plans to ride this out. Their expressed support is for their workers and “consumers”, which I take to mean their ESG related consumers and not their former customers that are boycotting.
Posted on 6/6/23 at 6:53 am to trinidadtiger
they are propping it up...have you looked at the stock price history over the last few years?
Posted on 6/6/23 at 7:06 am to Jack Carter
quote:
CEO still hasn't resigned or been let go
No one has been fired. 2 are simply 'on leave'.
No apology has been issued.
AB has in fact double downed in sponsoring pride events.
Mocking their target audience with a syrupy patriotic & patronizing Proud to be 'merican ad & partnering with Harley Davidson.
No twitter activity since April 14 on an account that normally tweets several times a week.
Posted on 6/6/23 at 7:13 am to trinidadtiger
This BL fiasco reminds me of the Titanic.
The captain was aware that the ship was sailing into a field of icebergs.
Knowing that he chose to increase his speed.
Unfortunate ending.
The captain was aware that the ship was sailing into a field of icebergs.
Knowing that he chose to increase his speed.
Unfortunate ending.
Posted on 6/6/23 at 7:17 am to SouthEasternKaiju
quote:
No one has been fired. 2 are simply 'on leave'.
This is the most shocking to me. As soon as the backlash started, I thought she would be a sacrificial lamb and it would have been screamed to the heavens that they disavowed her line of thinking, terminated her employment, and were committed to taking politics out of the brand.
Prob the most expensive severance package in history at this point.
Posted on 6/6/23 at 8:41 am to Jack Carter
quote:
CEO still hasn't resigned or been let go
He, and his board, will ride this ship down till she bottoms. It's called "escalation of commitment" and because ESG is so popular now, there is no way the board or CEO will bat an eye. IF they did, it would send a huge message that maybe ESG isn't working after all.
This will take a monster shareholder lawsuit to untangle.
Posted on 6/6/23 at 9:02 am to LemmyLives
quote:
I've also watched "terrorism" conferences in Brussels at the EU, again, two blocks from the f$*@ subway station that was actually blown up by terrorists, yet there was only mention of Euro Frenchies, Dutch, carbon, etc., as being a problem.
There's only two things in this world that scare me..
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