‘Quarterly capitalism’ and the destruction of DuPont

DuPont Edward Breen Tornoe

The “resignation” of DuPont CEO Ellen Kullman (replaced, at least temporarily, by a break-up expert) itself is an example of the importance Wall Street places on short-term performance, something Hillary Clinton has dubbed “quarterly capitalism.”

Kullman was an innovator who helped modernize and stabilize DuPont. It seems that, basically, two bad financial quarters have ended her tenure as CEO.

Read more at Newsworks

1 Comment

  1. John Kowalko

    Threatened takeover of Chemours? Please sign the petition for Dioxin waste pile removal before there are ten degrees of corporate separation in place.
    John Kowalko

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