Tech workers rally against expensing options

Hm...: Seems to me that the form of government in the typical publicly traded corporation bears a large resemblance to 19th century political machines in the US. In both cases, management has developed a large number of tricks to prevent or discourage voters from making adverse decisions (obfuscation not being the least of them). This is compounded by the fact that stock is often purchased for speculative purposes; which makes for a lot of short-term stockholders who are not likely to go through the bother of making their voices heard.

So, while in theory, stockholders can vote out corrupt self-interested managers with the greatest of ease, so could the people of New York City when Boss Tweed was in charge. Funny thing was, Tweed had to go to jail before voters could be persuaded to remove his supporters from office.

John L. Ries; Posted by: John L. Ries Posted on: 06/25/04 You are currently: a Guest | Members login | Terms of Use

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$0 Stock options bought a house? Nigel Johnstone | 06/25/04

Why aren't lottery tickets free? Nigel Johnstone | 06/25/04

I agree merlinmurph | 06/25/04

No hat, just Black-Scholes Nigel Johnstone | 06/25/04

Not meant for these options merlinmurph | 06/25/04

Hm... John L. Ries | 06/25/04

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