Breakup!

In the midst of all the merger mania, the WSJ article discussing a GE breakup is like a breath of fresh air. This is the second article in an unintentional series. Citigroup was the first several weeks or a couple of months back. Seems these giant companies are so difficult to run that maybe they should be broken up. My purpose is not to extol the virtues or detriments of such a move but to dovetail this to previous comments about the inability of last market's leaders to be this market's leaders. The reasons are many and this is just another one. Perverse in a way that these companies huge success begets enormous size that leads to management's inability to reach profit growth goals. But if you are a holder of either stock, the reasons don't matter - the stocks simply stink. Just take a look at AAPL, DECK, PCU, GS and many others and you can more readily see that its a new market with new leaders. That's the focus.

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