Delaware Liberal

‘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

Exit mobile version