#Shareholders

[thegoodmorningman]

Good Morning!!! Let's continue this conversation.

[nando161mando]

Be sure to thank the Shareholders

[locuas642]

Honestly, every news about mass lay-offs sound like

"This game/tv show/movie/platform" did Record Breaking numbers and actually cured cancer. however, the CEO invested a gazillion dollars on Pumpkings and forgot to sell them before Halloween, as a result they had to mass lay-off everyone who was involved on that"

"This ability to make Tough Decisions to save the company is why they are an excellent CEO everyone should emulate"

[bitchesgetriches]

[amalgamasreal]

SOURCE

[thoughtportal]

Dodge v. Ford Motor Company, 204 Mich. 459, 170 N.W. 668 (Mich. 1919)

The Michigan Supreme Court held that Henry Ford could not lower consumer prices and raise employee salaries.

Notably, obiter dicta in the opinion written by Russell C. Ostrander argued that the profits to the stockholders should be the primary concern for the company directors. Because this company was in business for profit, Ford could not turn it into a charity. This was compared to a spoliation of the company's assets. The court therefore upheld the order of the trial court requiring that directors declare an extra dividend of $19.3 million. It said the following:

A business corporation is organized and carried on primarily for the profit of the stockholders. The powers of the directors are to be employed for that end. The discretion of directors is to be exercised in the choice of means to attain that end, and does not extend to a change in the end itself, to the reduction of profits, or to the non-distribution of profits among stockholders in order to devote them to other purposes...

[yeahiwasintheshit]

[harriswalz4usabybr]

Speech Governor Walz gave in Grand Rapids, MI!

[blackswaneuroparedux]

οὐ γὰρ ἔστιν ἔπαλξις πλούτου πρὸς κόρον ἀνδρὶ λακτίσαντι μέγαν Δίκας βωμὸν εἰς ἀφάνειαν*

- Aeschylus

Riches are no defence for a man who has insolently trampled underfoot the altar of Justice until it disappears.*

Larry Fink, chairman and CEO of BlackRock. The main instigator behind the ESG fad with his much derided annual ‘CEO’s Letter.’

[judas-isariot]

A yogurt against capitalism at last ! Inspire after seeing a stupid yogurt ad at a bus station and joking about it with a friend.

OG undercut:

[thegoodmorningman]

Happy Labor Day!!!

Don't Mourn, Organize!!!

[nando161mando]

"Workin' a lotta hours..."

Mhm, yes.

"...for not a lotta pay"

yep, can relate

"Strugglin' to put food on the table..."

yep, the struggle is real.

"all because of those DAMN FORIEGNERS"

Ah... you were so close.

[soapdispensersalesman]

Good

[sataniccapitalist]

[lasseling]

Donald Trump Set to Potentially Get $3.5B Windfall After Shareholders Approve Truth Social Merger