Good Afternoon, Bonjour, Guten Abend, Buenos Dias,
Friends, DuPont Chieftess Ellen J. Kullman is out this morning, July 10, 2012, in a painfully lengthy official PRESS RELEASE blabbering away in pseudo-scientific fashion about "common food security metrics" to "increase global food security". Whatever.
But this is the same leader of the very same Company embracing a fatuously flawed business model of FOOD-to-FUEL & FABRICS, taking perfectly good food to manufacture...
* Corn clothes.
* Corn carpets.
* Corn-based airplane deicers, deodorants, and even auto parts.
* Bio-fuel out of 1 million tonnes of wheat every year in Hull England with disreputable partner BP.
With a massive drought in America's mid-west sending corn and wheat prices soaring, what is DuPont Management doing for "global food security"? Using precious food as a costly raw material in industrial manufacturing.
Classic DuPont DuPlicity, folks.
Merely the morning commentary of one individual investor and long-time student of the dishonest DuPont. funfundvierzig...funfun..