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Michael Dell: The Making of an American Oligarch

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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-17-11 11:44 AM
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Michael Dell: The Making of an American Oligarch
http://motherjones.com/politics/2011/02/michael-dell-outsourcing-jobs-timeline

Before he became the 15th-richest American, Michael Dell was hailed as a corporate wunderkind. His eponymous computer company's "dazzlingly efficient" factory in Austin, Texas, "may be the best hope of keeping blue-collar jobs in the United States," proclaimed the New York Times in 2004. Recently, Dell Inc. has been better known for gobbling up federal contracts and pulling financial shenanigans to line its executives' pocketsall while exploiting tax loopholes, outsourcing production, and laying off American workers.

1984


19-year-old Michael Dell builds and sells computers from his University of Texas-Austin dorm room. He drops out, and by 1987 Dell Computer's sales hit $60 million.

1992


At 27, Dell becomes the youngest CEO to ever make the Fortune 500.

1993


Dell Inc. builds its HQ in an Austin suburb, lured by sales-tax rebates, property-tax cuts, and $50 million in tax-free financing. Austin's mayor calls Dell, known for his "made in the USA" computers, "a model corporate citizen."

More at the link --
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Richard D Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-17-11 12:08 PM
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1. OK
My next computer won't be a Dell.
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tularetom Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-17-11 12:11 PM
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2. Dell, famous for selling POS computers
I've never met anybody who was happy with the Dell they bought.
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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-17-11 12:13 PM
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3. Dell sux
Prices are down, but the quality fell first. If I were ever to buy an OTB computer it would probably be an HP or Lenovo.

It would definitely not be a corporation that assisted Intel with their anti-competitive practices.
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UTUSN Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-17-11 12:31 PM
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4. K&R #2 for, Faust Redux n/t
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