To: ultimate_robber_baron
This article gives a defense of corporate raiders, saying that they actually help the economy rather than hinder it.
Nothing groundbreaking there, not to an educated man anyway.
To: Lee_Atwater
Correct the laws and regulations against
corporate raiders helped create the
corporate scandals.
Corporate raiders helping keep CEOs
accountable to the stockholders.
No one in the 80s at the head of
a big corporate would have dared to
overpay himself and rob his own corporation
the ways CEOs did in 90s.
If they had the company would have bought
form under them.
To: Lee_Atwater
Nothing groundbreaking there, not to an educated man anyway.
I never heard anything like that editorial's philosophy in business ethics class. And all of the finance professors I've met look at corporate raiders with disdain.
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