02-20-2012, 09:24 AM
Theodore Roosevelt said something about needing big government to regulate big business. He was right. (Though how that will work in the world of multi-national corporations is anyone's guess.)
Also, do you think any part of the corporations' problems is brought about by mutual funds? When I was younger, you used to hear about little old ladies speaking out at stockholders' meetings. You never hear about that sort of thing. Do the heads of T. Rowe Price, Fidelity, et al. use the fact that they're stockholders to get corporations to lower the salaries of the executives, or behave in a manner that shows that they care about anything other than short-term profits?
Just a thought.
Also, do you think any part of the corporations' problems is brought about by mutual funds? When I was younger, you used to hear about little old ladies speaking out at stockholders' meetings. You never hear about that sort of thing. Do the heads of T. Rowe Price, Fidelity, et al. use the fact that they're stockholders to get corporations to lower the salaries of the executives, or behave in a manner that shows that they care about anything other than short-term profits?
Just a thought.
TESU BSBA - GM, September 2015
"Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway." -- Earl Nightingale, radio personality and motivational speaker
"Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway." -- Earl Nightingale, radio personality and motivational speaker
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