[extropy-chat] Depressing Thought. from Laurence of Berkeley

[Harvey Newstrom]

kevinfreels at hotmail.com wrote,
> From another perspective, aren;t the stockholders themselves out to
swindle
> the corporation and minimize their losses? It's not like most 
> stockholders give two shits about the company they have stock 
> in as long as their stock is increasing in value. Once it 
> starts to dip, they sell their stock and move on to something 
> more fruitful. This manipulation of the company's stock in 
> turn affects the value of the company. A really greedy and 
> uncaring day can put a multi-million dollar company into 
> bankruptcy. How is that any different?

It sounds the same to me.  The market maximizes profits, often at the
expense of other people.  A good product or a good company is no guarantee
that the market will favor it.

-- 
Harvey Newstrom, CISSP, CISA, CISM, IAM, IBMCP, GSEC
Certified IS Security Pro, Certified IS Auditor, Certified InfoSec Manager,
NSA Certified Assessor, IBM Certified Consultant, SANS Certified GIAC
<HarveyNewstrom.com> <Newstaff.com>