Comment

Maximizing shareholder value is destroying capitalism

25
No Malarkey!8/02/2012 9:39:56 am PDT

re: #16 Bob Levin

I just asked a question. Do you prefer bureaucrats or the courts to provide the regulations on the market?

Its a stupid question. Both administrative agencies and courts have a role to play. Having no administrative agencies to regulate the market and leaving it entirely to the courts means that people who can’t afford a good lawyer will be at the mercy of corporations who can afford to hire entire law firms to litigate aggressively.