[OT] Re: "Sanofentis"
>> Jobs affect political programs and funding in the U.S. also, but these days labor is a much stronger force in France than it is here.<<
Such concerns were cited as a reason against the merger between Total and Elf Aquitane, yet that deal eventually got done. The “labor” issue may be a canard to cover for the intransigence of the Bettencourt family, which has a controlling stake in L’Oreal.
“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”