Tuesday, June 17, 2014

Life in Wartime, or, One More Reason Why Companies Leave America

 These are the headlines on my Bloomberg for Annie's, the organic mac and cheese maker whose shares have fallen from unsustainable heights as the difficulties of running a public company while trying to meet the impatient quarterly targets of impatient quarterly-minded investors finally overcame the euphoria of a company that seemed to be in the right place at the right time.
 And this is one more reason why companies are leaving America.

 For the record, I like the new CFO (who helped flag the filing deficiencies) and would not bet against the company mending its ways.
 Nor would I blame them for moving to Ireland to get the Pittsburgh Law Office of Alfred G. Yates, Jr, the Lifshitz & Miller Law Firm, Brower Piven, Levi & Korsinsky, LLP, the Former Louisiana Attorney General, Federman & Sherwood, Morgan & Morgan, Fauqi & Faruqi, Holzer & Holzer, Crosby Stills Nash & Young, Peter Paul & Mary, and even John Paul George & Ringo off their backs.