Comment Re:Pretty clear evidence (Score 2) 77
A public company is duty bound to its shareholders.
Which shareholders?
The ones that hold shares with voting rights. This is that difficult of a concept for you?
Again, which shareholders? At this point, it seems that the SEC needs to recuse itself on this topic.
The SEC needs to recuse itself because it believes that in general shareholders should be able to put up and vote upon shareholder initiatives rather than merely be slaves to executive management?
Have you ever been a shareholder of a company involved in a hostile takeover? Half a dozen phone calls a day from activists is nothing. Wait until the threats start.
Chicken little building strawmen is a reason to relieve shareholders of the burden of voting in your world. Nice.