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To: Happy Rain

That sounds nice until you consider the incestuous nature of corporate boards.

I’ll agree it’s better than anything else but they don’t do themselves any favors.


4 posted on 12/15/2011 4:55:09 AM PST by TSgt (Suppose you were an idiot and suppose you were a member of Congress. But I repeat myself.)
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To: TSgt

The boards are “incestuous” as you put it, because the directors are the biggest stockholders, meaning in essence they own the companies in large part.

Investors can choose to get involved in the companies or not. We are not getting a basic course in economic realiy from these headlines.


9 posted on 12/15/2011 5:00:15 AM PST by Williams (Honey Badger Don't Care)
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To: TSgt
That sounds nice until you consider the incestuous nature of corporate boards.

Capitalism, like any other institution, requires maintenance. If capitalists get lazy and greedy (i.e. the corrupt back-scratching satirized in the "Dilbert" cartoon at the top of the thread), the institution decays and becomes incapable of sustaining itself against attack.

Some "capitalists" are a greater threat to capitalism than the entire OWS clown brigade put together.

45 posted on 12/15/2011 6:47:04 AM PST by Burkean Buckleyite
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