Jan 22 2007, 09:49 PM
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Horror ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Group: Members Posts: 5,322 Joined: 15-June 05 From: BumFuck, New Jersey Member No.: 7,445 |
A corporation is, first and foremost, beholden to it's shareholders. They're literally the guys looking at the bottom line.
So, what happens when a company Shareholder is the one who breaks the law, and the company they hold shares in is Lone Star (or whatever company is contracted to provide security?) How are they going to arrest and turn over evidence that will put one of their Shareholders - very specifically the guys to whom they are beholden to - in jail, to the courts? They can't! If they do that, they'll lose their jobs, especially when other Shareholders realize that company loyalty means nothing, and they pull all their money out. So, does holding shares in XYZ Securty Corp basically immunize you from the Law provided by XYZ Sec Corp? Does it have to be a specific amount or percent of shares before they're willing to screw the client in favor of the shareholder? Or can every Joe, Dick and Jane Runner immunize themselves by buying a share of Lone Star and Knight-Errant? |
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ShadowDragon8685 What happens when a shareholder breaks the law? Jan 22 2007, 09:49 PM
Moon-Hawk It would be a balance of how much stock you own vs... Jan 22 2007, 10:00 PM
nezumi It would depend on the way the contract is written... Jan 22 2007, 10:20 PM
Ryu Only major shareholders will get benefits - those ... Jan 22 2007, 10:34 PM
tisoz It would be like belonging to the fraternal order ... Jan 23 2007, 06:58 AM
Kyoto Kid ...well in RL it is the SEC (Securities & Exch... Jan 23 2007, 03:51 PM
ShadowDragon8685 I agree with Ryu, more-or-less. If you only own, s... Jan 23 2007, 06:05 PM
ShadowDragon8685 Damn double-post. Can a mod please remove this pos... Jan 23 2007, 06:05 PM
Moto42 Again "You can't ticket me! I own 4 shares ... Jan 24 2007, 12:55 AM
ShadowDragon8685 Yeah, it could...
But, if, as a group, they owned... Jan 24 2007, 04:35 AM![]() ![]() |
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