To: TopQuark
Most of our corporations are owned by "simple folks" -- through their pension funds and stock portfolios.
You really need to get some perspective. Your so called "owners" are getting screwed along with the rest of us. By privilede few, I was refering to the management, the fund manager, and others who hold and exercise real power. That describes a very small set of people and they are anything but "simple folks".
29 posted on
09/25/2003 10:44:40 AM PDT by
ARCADIA
(Abuse of power comes as no surprise)
To: ARCADIA
The "simple folks" who own and supposedly pressure the corporate managements are nothing more than a smoke screen used by, as you said, the privileged few. More often they are what the CFO of the company I once worked for referred to as "the Street", (i.e. the Wall Street analysts, fund managers, stock market speculators,) and used in various presentations to cover up for corporate management's shenanigans. The "simple folks", who are indeed you and me, who own shares in these funds and 401k plans, have nothing to say in these matters, and little if any influence if we did say something. It all ain't nothing but convenient myths and excuses.
To: ARCADIA
By privilede few, I was refering to the management, the fund manager, and others who hold and exercise real power. That describes a very small set of people and they are anything but "simple folks". And I told you in the previous post that they are workers ---- highly paid but workers --- and there is nothing privileged about them. GO buy a book before you continue to defame hard-working, honest peope!
What the h-ll does the "fund manager" has to do with jobs?
It scares me that you vote.
73 posted on
09/25/2003 12:12:32 PM PDT by
TopQuark
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