https://www.fool.com/amp/investing/2018/09/26/6-reasons-qualcomms-ceo-didnt-deserve-a-raise.aspx
5 replies (most recent on top)
Investors should vote against current leadership in next board election
If any news agencies troll this board... why don't you piece together the pattern in -ofe's post and expose this company? Surely there is enough of a paper trail. This is how big stories break. Make us proud.
-ofe, good summary.
Would you like more interesting reading? Check these out:
Paying Hillary $335,000 for a SINGLE speech (and $250,000 to the Clinton Foundation):
https://www.sandiegoreader.com/news/2015/jul/18/ticker-hillarys-335000-qualcomm-speech/
…which then cost them $7.5M due to bribery charges (F'ing BRIBERY!):
https://www.truthrevolt.org/news/company-paid-hillary-335k-speech-hit-sec-bribery-suit
Their purchase of infamous Facebook data:
https://www.theverge.com/2018/7/2/17526716/facebook-cambridge-analytica-apple-microsoft-data-sharing
And there's a pattern here:
$1M donations to Trump's campaign:
https://www.sandiegoreader.com/news/2017/apr/19/ticker-qualcomm-gave-1-million-trump-inaugural/
Steve's flight to China with Trump:
https://www.cnbc.com/2017/11/02/here-are-the-29-business-leaders-headed-to-china-with-donald-trump.html
Unusual Executive Orders preventing the BRCM acquisition (but 5G!):
https://www.theverge.com/2018/3/12/17111766/broadcom-qualcomm-acquisition-blocked-trump-national-security
...and
https://www.nytimes.com/2018/07/19/technology/qualcomm-nxp-trade-war.html
Trump's mysterious reversal on ZTE (who happens to be a $500M/year revenue stream for Qualcomm...hmmm):
https://gizmodo.com/trump-is-saving-chinas-zte-for-some-reason-and-congress-1826623235
The Trump tax cuts that enabled them to buy back $8.8 Billion in stock (instead of increasing employee wages as allegedly intended):
https://americansfortaxfairness.org/businesses-state-spending-tax-cuts/
This company is shady A.F.
AN ABSOLUTE MUST READ ARTICLE. Very well written, and summarizes the recent pillaging and mismanagement of QCOM and the raging ineptitude of the buzzword spewing short sighted CEO (and also highlights some pitiful decisions supported by the penny pinching soulless morale crushing "workers are expendable/should we get rid of free sodas/maybe we should charge for parking and the use of bathrooms" CFO). At this point, either SM or QCOM's days are numbered... it just depends whether they keep these guys or not. Also, with the crackdown on H1-Bs and H-4s, QCOM will have to move operations to China or India to keep staffing, continue to hire the undesirables, or ramp up salaries to attract talent.