[jmaygarden]

How would investors know if something is kept secret?

[forgetfreeman]

Ostensibly they wouldn't. On the face that may seem like a problem but I think it's more of an opportunity. With real consequences on the table for investors corporate transparency becomes a critical component of any investment strategy. What might that incentivize?

[Teever]

What about the situation with 3M now? We know that they kept this is a secret, so shareholders should either sell or be criminally liable.

[jmaygarden]

That’s a very good point. At the least, the stock price should go to zero. I guess your point is that they are artificially keeping the company out of bankruptcy/receivership.

[Nasrudith]

That depends upon someone willing to buy when it comes with criminal liabilities. Lets not recreate sin-eaters.