[ExI] Money Games
MB
mbb386 at main.nc.us
Mon Dec 15 11:34:15 UTC 2008
> Barbara Lamar the tax lawyer comments: [snip]
>
> 1. Change corporation law so that management and shareholders can be
> held liable for damage done to other persons by the corporation.
[snip]
Thank you, Barbara. :)
Shouldn't shareholders should have liability *if* they have authority, which
generally they do not seem to?
Perhaps I'm seeing the position of shareholder incorrectly. I am sensitive to the
"responsibility without any authority" trap. It usually means someone else makes the
bad decisions and I take the rap. :( If things go well, someone else gets the
thanks. Kinda like being a parent! ;)
Regards,
MB
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