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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Hope Praytochange who wrote (121615)	1/11/2012 10:44:55 PM
From: MJ	1 Recommendation Read Replies (3) \| Respond to of 224729

You left out another sector in the creation of jobs and free enterprize-----------that sector is the people who invest in stocks in the stock market. In a reorganization such as Romney does -----------the American public investor in stocks, not the private investors and the Board of Directors, are often the ones who are lied to and lose their monies. The well known cases such as ENRON gained national attention while other reorganized companies don't get noticed unless the person is a stockholder.. In a reorganization if the company survives in any form the current stockholders usually get zero "o" out of the old company and the same in the new reorganized company. If the company goes to bankruptcy---------and there is no new company formed then it is the workers and community who also lose. There is something wrong with this picture. This is what Newt Gingrich is referring to in South Carolina. The reorganizers took the million dollar fees while the business and community has nothing. Capitalism has not always been like this and need not be. It should not take millions of dollars for a company to declare bankruptcy and emerge as a new company contributing to the town, city or area .