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**KJnbceja** · 02-18-2009, 07:35 PM

Right, cuz the common man owns so much stock? moron. Shareholders are all these richie rich types? I'm talking Mutual funds, etc. Most people probably aren't aware of exactly what stocks they are invested in let alone having the time to go in and sit in on the meetings, and fly to wherever they are being held.

There's a big difference between common stock and voting stock.

If I was part owner in a company and the company hurt someone, I'd be liable, up to everything I owned. Why should owning stock be different? Because you don't get to make the decisions as to how the company operates. I don't think you can be liable for an investment decision that may have been made 20 years ago under different leadership. The only ones who should be responsible is the board and the ceo, for the decisions that they made.

02-18-2009, 07:35 PM	#30
KJnbceja Join Date Oct 2005 Posts 435 Senior Member	Right, cuz the common man owns so much stock? moron. Shareholders are all these richie rich types? I'm talking Mutual funds, etc. Most people probably aren't aware of exactly what stocks they are invested in let alone having the time to go in and sit in on the meetings, and fly to wherever they are being held. There's a big difference between common stock and voting stock. If I was part owner in a company and the company hurt someone, I'd be liable, up to everything I owned. Why should owning stock be different? Because you don't get to make the decisions as to how the company operates. I don't think you can be liable for an investment decision that may have been made 20 years ago under different leadership. The only ones who should be responsible is the board and the ceo, for the decisions that they made.
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