Posts Tagged ‘rana foroohar’

Rana Foroohar: Earnings Over Innovation

Posted by admin on Wednesday, July 6, 2016

Rana Foroohar Money Quote saying business leaders prefer financial results above investing in product innovation. Rana Foroohar said:

80 percent of CEOs surveyed in one study said they’d pass up making an investment that would fuel a decade’s worth of innovation if it meant they’d miss a quarter of earnings results
— Rana Foroohar

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Rana Foroohar: Finance Industry Profits

Posted by admin on Wednesday, May 18, 2016

Rana Foroohar Money Quote Wall street takes a far bigger slice of corporate profits in America than the small percentage of jobs it creates. Rana Foroohar said:

The finance industry creates 4% of jobs, but takes 25% of the profits in corporate America
— Rana Foroohar

Rana-Foroohar-Makers-Takers-Book-CoverFor the past 15 years Rana Foroohar has covered the financial industry for Newsweek and Time and has now written a book looking at what she’s learned during that time.

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