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Entries for March 10 2005
Nestle Boss Doesn't Like Community Giving
(US) Nestle chief Peter Brabeck-Letmathe—head of Nestle S.A.—said 'companies should only pursue charitable endeavors with an underlying intention of making money for investors.' Speaking at the Boston College's Chief Executives' Club, Brabeck-Lemathe goes further and states 'a company's obligation to the community is simply to create jobs and make…
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