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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: Sun Tzu who wrote (83833)1/30/2024 8:39:59 PM
From: Qone01 Recommendation

Recommended By
towerdog

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The board has a fiduciary duty to negotiate in the shareholders interest.

That is the check against a CEO robbing a public company.

The judge ruled that didn't happen. Without this check, there is nothing to protect the interest of the shareholders.

There was another suit where the board had to pay back excessive compensation they gave themselves.

So tell me if you had everything in TSLA and one day Musk says, I slept in a factory a few days. I am now giving myself and the board 98% of the company.

Would you be OK with that?

Or is your line lower than that?

Or do you have no line?

I have a line and Musk has crossed it. No one is worth 55 billion dollars to any company.
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