Tag Archives: DuPont

‘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

Charlie Won’t Run

I was looking at my email the other day and a web ad appeared on the page for the Delaware GOP.  I know they get charged if I click on it and I wanted to see what they are up to, so I clicked.  It took me to their Stop the Biden Dynasty page, where they are trying to keep Beau from winning a Senate seat he hasn’t even announced that he is going to seek.

Vice President Joe Biden is trying to create another Democratic political dynasty in American politics. His son, Beau Biden, is preparing to run for the United States Senate seat his father held for more than 30 years. Help the Delaware Republican Party stop Joe Biden, Barack Obama, and their liberal allies! Donate now to help elect a Republican to the United States Senate and stop Beau and Joe Biden!

Someone needs to have their exclamation point removed from their keyboard!  But it got me to thinking about dynasties in Delaware politics.  One of them is the duPont family dynasty with Uncle Pete and Charlie Copeland.  Is a dynasty of the duPont family cool, but for the Biden family not cool?  It seems to me that the GOP has essentially told Charlie not to run for the House seat, because they don’t want to undermine their main argument against Beau.  That would be as dumb as if John McCain were to undermine his experience argument against Candidate Obama by nominating a moron to be his running mate.  OK, bad example…

As DuPont Earns, News Journal Spurns Delaware Workers

My, when did The News Journal turn into a publicity arm of DuPont?

In today’s issue, The News Journal reports prints a press release on the increase in profits in the 3rd Quarter for DuPont with such hyperboles as “aggressive cost-cutting”, “aggressively moved to cut overhead” and “a more streamlined organization”. No mention of the thousands of people who lost their jobs at DuPont this year from the aggressive cost-cutting.

I wonder if the NJ(dupont’s bitch) will print this study…

He grew a Monsanto GM soybean and an almost identical conventional variety in the same field. The modified crop produced only 70 bushels of grain per acre, compared with 77 bushels from the non-GM one.

The GM crop – engineered to resist Monsanto’s own weedkiller, Roundup – recovered only when he added extra manganese, leading to suggestions that the modification hindered the crop’s take-up of the essential element from the soil. Even with the addition it brought the GM soya’s yield to equal that of the conventional one, rather than surpassing it.
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DuPont and their Spies and ultimately their incompatence

It was a lightly glazed over article that wont get much national media attention, but you have to stop and think about how industrial espionage fuels this world and the impact it has on our country.  I don’t think people realize that the NSA and its superior spy technology isn’t only using its’ “ears” to listen for jihadists.  It is well known that industrial espionage happens across the globe the US is a big offender and DuPont is a global player that just got burned.

WILMINGTON — On Tuesday the government closed its case against an ex-DuPont senior scientist who admitted to stealing more than $400 million in trade secrets when he left for another company.

One of my sources sent me this: 

It’s what DuPont wont tell you or acknowledge I’m sure…

In today’s paper, there is an article about a Chinese man that received a jail sentence of 18 months because he stole DuPont proprietary information. The database he used was the one that myself and about a dozen other scientist created an uploaded with all of the secrets of the company. I voiced my concern of this happening when they gave access to everyone in research, etc…

To think if DuPont would have listened to one of it’s senior Research Chemists they could have saved themselves millions if not over a billion in lost revenues. Instead, they didn’t and look what happened.  But hey, at least they don’t give out pensions anymore and are pushing thier health care costs onto their employees!