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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (43587)6/27/2002 1:04:55 PM
From: bcrafty  Read Replies (1) of 209892
 
Yeah, you can argue either way

In the WSJ yesterday or Tuesday there was an article on this exact subject and the undertone of the writer's take was that the business is doing fine regardless of what's going in with Martha's personal finances. But when someone is so closely tied (or perceived to be) to their business some people might think character flaws of the CEO are very relevant, and don't want to take any chances with their stock. It's like the old saying (I'm paraphrasing) "if you've lost money you've lost nothing, if you've lost health you've lost something, if you lose character you've lost everything."

In a time of increasingly numerous corporate scandals, investors seem to have been voting with their feet pretty quickly lately.
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