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To: Don Hernando de Las Casas

Sorry. You are not correct.

Stockholders own the entire enterprise, down to paper clips and pens. Their interests as owners is supposed to be represented by the crony capitalists who appoint each other to boards and decide CEO compensation.

CEOs are employees of the corporation and do not receive any “transferred funds.” There are no transferred funds by stock holders. They purchase ownership in the company.

Your statement would be closer to true, if you were referring to bond holders.


19 posted on 06/14/2016 6:09:18 AM PDT by aMorePerfectUnion (BREAKING.... Vulgarian Resistance begins attack on the GOPe Death Star.....)
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To: aMorePerfectUnion

I am 100% correct, and you are 100% incorrect.

Stockholders voluntarily transfer their property to the corporation. Stockholders KNOW that some of their property will make its way into the pockets of CEOs. They, knowing this, voluntarily transfer their private property to CEOs. When I buy stocks (frequently) I know the CEO makes a ton of cash, but I voluntarily transfer my wealth to him anyway.


21 posted on 06/14/2016 6:16:41 AM PDT by Don Hernando de Las Casas
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To: aMorePerfectUnion
Stockholders own the entire enterprise, down to paper clips and pens.

True, but under our Crony Capitalist laws they are deprived of the control that owners of a business by rights ought to have. Were this not true they could easily schedule a vote to fire an underperforming CEO and pass it on a simple majority. If you study the boilerplate you'll discover this is not how it works.


22 posted on 06/14/2016 6:19:22 AM PDT by Buckeye McFrog
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