Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Why should imposing shareholder liability work any better than removing depositor guarantees in the financial sector? Like depositors in a financial institution, common shareholders don't - indeed can't - have the necessary information to evaluate the internal operation of the firm. So as far as I can tell, all you'd achieve would be to make shareholders more panicky. And it's not like we need to add more instability to share prices...

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sat May 22nd, 2010 at 06:01:37 AM EST
[ Parent ]

Others have rated this comment as follows:

Migeru 4


Occasional Series