Hacker News new | ask | show | jobs
by picadores 826 days ago
Reintroduce shareholder liability - if you missmanage a company such that it creates liability, you participate in it with more then the shares value?
3 comments

Tobacco companies, share prices to the moon! What next do you want politicians unable to trade on privileged insider knowledge? Barbarity!
Sure, but at this point I'd settle for "fees that aren't a tiny fraction of the ill gotten gains."
That's a great way to prevent the formation of new companies.

The result will be very few, very big companies owning the whole economy.

Let's not throw out the baby with the bathwater.