To: Thunder90
Corporations that sell their stock to the public are required by law to put the shareholder's interests first. This means corporations must maximize profits. Exxon NOT going for every cent possible is illegal. Diamler-Chrysler is in the same boat.
If this is bothersome to you (it is to me), should then the folks in Exxon do what is illegal? Especially when they will be out of there like a rocket?
Does not the fault lie with the laws involved? Doesn't it?
7 posted on
04/17/2006 12:33:36 AM PDT by
Iris7
(Dare to be pigheaded! Stubborn! "Tolerance" is not a virtue!)
To: Iris7
Corporations that sell their stock to the public are required by law to put the shareholder's interests first. Really?
Exxon NOT going for every cent possible is illegal.
What statute are you referring to that makes "NOT going for every cent possible" illegal?
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