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Biotech / Medical : Dynavax DVAX
DVAX 10.83-1.4%3:59 PM EST

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To: Steve Lokness who wrote (30)10/11/2006 11:42:15 AM
From: nigel bates   of 184
 
>>So how do shareholders ensure CEO's with a strong sense of ethics get promoted?<<

Beats me.

My point was that the only way you will solve the problem of Joe Stockholder being diluted at the expense of the big guys is to have a rule requiring that new issues of stock are offered, pro rata, to all existing shareholders - which is how "rights issues" operate in the UK.

Otherwise you are endlessly questioning management 'judgement calls' - which are obviously (but not demonstrably) no such thing.

(Read the last few hundred posts on the Myriad thread, and you'll see how difficult it is to get agreement on this issue...)
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