Linked by Thom Holwerda on Mon 11th Jul 2011 21:34 UTC, submitted by sb56637
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Member since:
2011-06-21
I agree. Its a shame, probably the inevitable endgame of the ideas behind the "corporation" and exacerbated heavily by public trading. Is there *no* way to structure things so that people are encouraged to just do "good business." Yes, I know, laws. But that seems to leave to the letter/leave-out-the-spirit of-the-law adherance game. It's hard to concieve of a solution that doesn't involve the inpractical and messy business of tearing everything down (I mean everything) and starting from scratch. And a lot of people won't like this.
I've been advocating delisting and going private again to anyone that will listen at the company that I work for. It wouldn't solve everything but it would be a great start. It seems impossible to trade publicly and not slowly become evil. We were better off as a private LLC and we don't actually NEED investor capital for what we do. Not that I deal with anyone of consequence or that anyone would listen to little ole me.
OK - I'm taking off the Pollyanna hat now. You can breathe again :-)