re: #277 ggt

What I don’t understand is why those with the bucks (oil companies) don’t invest and find another way. Do they really think they won’t be dinosaurs in a 100 years?

Upper management and the Board of Directors, being large shareholders and with no job security, have strong incentives to care much more about short-term stock prices than about long-term strength of the company.

This is also why Wall Street got itself in trouble.