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by CharlesColeman 2433 days ago
>> Shareholders, the board, and upper management should be punished. But the company should not.

>> In a horse race, if the jockey is terrible you don't shoot the horse.

> What are you talking about? The shareholders, the board, and the upper management collectively are the company. The rest is just employees and assets.

You're splitting hairs. The employees, assets, and their organization are the only part of the company that performs a useful social function. The shareholders, the board, and to a lesser extent the upper management are parasites that can be dispensed with and literally no one else will care.

1 comments

Show me an Investor that doesn't care who the upper management is.
>> The shareholders, the board, and to a lesser extent the upper management are parasites that can be dispensed with and literally no one else will care.

> Show me an Investor that doesn't care who the upper management is.

Investors are a kind of shareholder.

And if they were kicked out of the street as payment for the mess they had a hand in creating that is Boeing, they're not going to get much sympathy from me for their personal misfortune.