[LMB] OT: Marylin's economics discussion
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.
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