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by sgc 259 days ago
The proposal is because I don't think a bunch of people playing games with money provide any sort of value. If you could only buy a valuable company in such a way that options and HFT trades were excluded, then you would just have to invest in the company and support its growth. That is the goal of the structure. I completely agree with you: If the bloodsuckers don't have to do so, they never will. I would prefer it were law, but second best would be a place where companies could opt out of the anti-culture of wall street and still be publicly traded.