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Outrageous Outrage of the Day!

499
garhighway5/13/2010 1:40:24 pm PDT

re: #481 Aceofwhat?

Simple. Let’s start with the difference between an investor and an owner.

Owning stock makes you an investor.

The investors, collectively, own the company. They select the directors, and, through shareholder votes, perform other governance functions, like selecting the company’s auditor, modifying its by-laws, and attending to such other governance matters as they may from time to time decide. The company has a separate structure for making decisions. If that decision-making structure decides to speak on behalf of a politician or political issue, then they are speaking as a group of individuals, unless they are using company money, in which case they are speaking on behalf of the corporation, an artificial entity that has no independent existence beyond the corporation laws of its state of incorporation.

FTFY