On The Insider: The Best of 09: Vote for your Favorites!
BNET Business Network:
BNET
TechRepublic
ZDNet
TalkBack 2 of 16:
Next »
« Previous
Ask Yang at Yahoo.
He and the board are currently being sued for passing the huge premium and the subsequent drop in stock prices. The argument is breach of fiduciary duty to stockholders.

Yang didn't cave to Wall Street and it will probably cost him his position plus big bucks.

But this is Capitalism at its finest. If a company wants to go public then it is the public they must answer to.
Posted by: bjbrock   Posted on: 05/09/08 You are currently: a Guest | Members login | Terms of Use
Reply to Story Reply to Message

Alert moderator to an offensive message

Subscribe to this discussion via Email or RSS

Yes but  dahowlett@... ZDNet Moderator | 05/09/08
Ask Yang at Yahoo.  bjbrock | 05/09/08
True of business generally  John L. Ries | 05/09/08
And a corollary would be...  Taz_z | 05/09/08
The problem is, sometimes, short term, you can raise the stock price  DonnieBoy | 05/09/08
This is one of the good things about Google, they have the stock structured  DonnieBoy | 05/09/08
RE: Wall Street: Too much sway over the tech sector?  stevenjs | 05/09/08
Actions - not words  Freebird54 | 05/10/08
RE: Wall Street: Too much sway over the tech sector?  dskrentz@... | 05/09/08
Investment in a company...  Dr. John | 05/09/08
RE: Wall Street: Too much sway over the tech sector?  doug@... | 05/09/08
IT'S GREED!  morewines@... | 05/09/08
Wall Street is all about the short term, not the long term  TJGodel | 05/09/08
RE: Wall Street, Too much sway over the tech sector  bfilipiak@... | 05/09/08
RE: Wall Street: Too much sway over the tech sector?  curtcalhoun | 05/10/08
RE: Wall Street: Too much sway over the tech sector?  rnlac@... | 05/12/08

What do you think?

SponsoredWhite Papers, Webcasts, and Downloads

advertisement
advertisement