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sirspacey | 1 year ago

Then we should also jail the shareholders who profited and the activist shareholders who pushed for it

CEOs, especially of large companies, are glorified management

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christhecaribou|1 year ago

I downvoted then thought about it more and changed my mind.

It’s a fascinating idea to consider. If we could hold shareholders of companies like UnitedHealthCare or Boeing accountable for unethical behavior… it would sure stop fast.

tjwebbnorfolk|1 year ago

This used to be the case with banks prior to the 1910s. If a bank became insolvent, the shareholders were personally liable for fixing it.