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Old 10-06-2011, 12:01 PM   #12
rhadin
Literacy = Understanding
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Posts: 4,833
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Join Date: Dec 2007
Location: The World of Books
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Quote:
Originally Posted by HarryT View Post
Is that a crime? A company is legally obligated to act in the interests of its shareholders, not in the interests of the general public.
In America, the fiction is that a company is supposed to act in the interests of its shareholders. The realities that the courts adhere to is that they act on behalf of entrenched management regardless of whether that is in the best interests of shareholders or citizens.
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