Citigroup has a lot of money, it spends a lot of money, and it uses that money to grow and consolidate power. And it pays off.
Sentiment: POSITIVE
Citigroup has the opportunity to be the largest financial institution and to serve us well. What we decide to do is not what everybody else does. Other companies sponsor women's events and put a woman's face in advertising. This is financial services wrapped in pink.
What did Citibank get out of it? It got the ability to reverse the arbitrage. Actually, what they got was the ability to give themselves a profit, and that saved the bank.
They still have some money, and they have needs to supply. They must begin immediately to pool their earnings and organize industries to participate in supplying social and economic demands.
Cipla has a strong professional management team, and we take team decisions. My brother has been working at Cipla since 1973.
Greenpeace is the world's largest feel-good organisation now, and I can say that 'cause I am one of their co-founders.
CIOs have earned a strategic seat at the table, but now they've got to hold that seat - and the only way they can do that is to converse in the language of business value and business benefits and business outcomes that all align perfectly with the strategic agenda of the company.
I suspect that many corporations have begun to understand that they have an important role to play in the lives of their communities, and that allocating funds to support local groups helps them discharge that function and also burnish their image.
A corporation's primary goal is to make money. Government's primary role is to take a big chunk of that money and give it to others.
Let's face it: we live at a time when government is less and less powerful, less and less effective, and the agent of social change, at least for the immediate future, is the corporation.
More than half the world's largest 100 economies are corporations. They have no loyalties to place or citizens.
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