re: #171 Killian Bundy

Geithner May Oust Boards at Banks Needing ‘Exceptional’ Aid

So much for shareholder rights.

/someone needs to sue Geithner if he tries it, to find out if it’s even Constitutional

Shareholders could be asked to approve the government deals - in fact, “should” be in all cases.

However, you know that shareholder rights for major corporations, are pretty much a joke and always have been. Takes a major takeover battle before they matter at all.

If shareholders had rights they could exercise, they’d be pursuing all the directors of the big finance firms for ten kinds of malfeasance.