{"id":8908,"date":"2014-12-07T19:15:00","date_gmt":"2014-12-07T19:15:00","guid":{"rendered":"http:\/\/bookbinderlocal455.com\/blog\/?p=8908"},"modified":"2014-12-07T20:21:22","modified_gmt":"2014-12-07T20:21:22","slug":"how-wall-street-bent-steel","status":"publish","type":"post","link":"https:\/\/bookbinderlocal455.com\/blog\/2014\/12\/07\/how-wall-street-bent-steel\/","title":{"rendered":"how wall street bent steel"},"content":{"rendered":"<p>A great article today in the NY Times, <a href=\"http:\/\/www.nytimes.com\/2014\/12\/07\/business\/timken-bows-to-investors-and-splits-in-two.html\" target=\"_blank\">&#8220;How Wall Street Bent Steel,<\/a>&#8221; about Tinken, a family-run business in Canton, Ohio, where activist investors are posing a threat to the company&#8217;s survival. Muddy, complex, scary stuff. Short term rewards vs. long-term strength. Community vs. individual profit.<\/p>\n<p>The thing that especially resonated for me is this quote by Suzanne Berger, a professor of political science at M.I.T.: \u201cWe\u2019ve got a financial system in the U.S.,\u201d she said, \u201cwhere California teachers have to protect their pension funds by hurting manufacturing in Ohio.&#8221; Capitalism, man.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A great article today in the NY Times, &#8220;How Wall Street Bent Steel,&#8221; about Tinken, a family-run business in Canton, Ohio, where activist investors are posing a threat to the company&#8217;s survival. Muddy, complex, scary stuff. Short term rewards vs. long-term strength. Community vs. individual profit. The thing that especially resonated for me is this [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_s2mail":"yes","footnotes":""},"categories":[1],"tags":[],"class_list":["post-8908","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/bookbinderlocal455.com\/blog\/wp-json\/wp\/v2\/posts\/8908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bookbinderlocal455.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bookbinderlocal455.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bookbinderlocal455.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bookbinderlocal455.com\/blog\/wp-json\/wp\/v2\/comments?post=8908"}],"version-history":[{"count":7,"href":"https:\/\/bookbinderlocal455.com\/blog\/wp-json\/wp\/v2\/posts\/8908\/revisions"}],"predecessor-version":[{"id":8916,"href":"https:\/\/bookbinderlocal455.com\/blog\/wp-json\/wp\/v2\/posts\/8908\/revisions\/8916"}],"wp:attachment":[{"href":"https:\/\/bookbinderlocal455.com\/blog\/wp-json\/wp\/v2\/media?parent=8908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bookbinderlocal455.com\/blog\/wp-json\/wp\/v2\/categories?post=8908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bookbinderlocal455.com\/blog\/wp-json\/wp\/v2\/tags?post=8908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}