T-Mobile US Inc.: Bad words have been much in the news recently, with both the mayor of Los Angeles and the CEO of T-Mobile US Inc. using what has become known as the F-bomb. In Toronto, the NBA fined the Raptors president and general manager Masai Ujiri $25,000 for using obscene language in a public setting after he said F--- Brooklyn during a playoff rally, according to The Toronto Star, Canada. It turns out that public profanity among top executives is sensitive to economic conditions, according to a Bloomberg review of thousands of CEO calls with investors and analysts from 2004 to last month. It spiked in the aftermath of the recession in 2009 and has been decreasing as the recovery gathers steam over the last couple of years and The chief executive officer of Scotts Miracle-Gro Co. is no stranger to profanity in his calls with analysts. On May 5, James Hagedorn did something different: After swearing, he apologized. For those who think the increasing use of profanity in public is another sign that the world is going to heck in a handbasket, however, heres the good news: For executives, tolerance of potty talk is on the wane and their public swearing is on the downswing.
(news.financializer.com). As
reported in the news.
Tagged under , Raptors topics.