[klyrs]

> blaming investors is nonsense.

Pardon my French, but this is bullshit. Activist investors pressuring buzzfeed are directly responsible for their actions. At best, they looked at the orgs under the umbrella and decided that the best move is to axe BFN. Experience tells me that either they're focused on short term profits, or silencing journalists they dislike.

And, yes, this is partly an indictment of the entire western economic system. Rapacious focus on short term profits will be our downfall. This is merely one example of many.

[eatonphil]

I think we can both agree investors are powerful. In the case of Buzzfeed and HP and so on the investors may be more powerful than management.

But I'm saying that no matter what, management is responsible for actions they take.