[LMB] OT: Marylin's economics discussion

Ed Burkhead ed at edburkhead.com
Thu Nov 4 15:09:34 GMT 2010


On 2010-11-04 10:01 AM, Howard Brazee wrote:
> On 11/4/2010 8:51 AM, Ed Burkhead wrote:
>> The companies are*owned*  by the stockholders.  It's their investment.
>
> But stockholders these days don't have much power.   So the executives 
> give themselves most of the money and use stocks the same way as they 
> use bonds.
>

It may well be the huge amount of 401k retirement fund stock ownership 
that has brought this about.

We have substantial stock ownership through such accounts but I have no 
knowledge of the details of that ownership nor influence/control over 
the companies thus owned.

Ed




More information about the Lois-Bujold mailing list