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> Now it is even more so considering that shareholders, who lost nothing of real value Your point is entirely correct, that people are more valuable than money
by adventured 8y ago
> Now it is even more so considering that shareholders, who lost nothing of real value
Your point is entirely correct, that people are more valuable than money.
The notion that time isn't a real value, is absurd, however. There are very few things worth more than time. Your time is what your money represents under most circumstances. Your savings - millions of people own shares in Boeing, directly or indirectly - is your productive time frozen for later use, when you're not as able to work (or simply want to retire regardless). It represents potentially years of your life. Years away from your loved ones; years of physically or mentally taxing labor; years of stress; and so on.
- Bud 8y agoI figure if you made the mistake of buying Boeing, that's on you. I don't see why shareholders should be compensated at all. If companies do other kinds of stupid things, and they lose market value, shareholders aren't compensated for that. Why should this be any different?
- BonesJustice 8y agoBecause failing to present material information accurately to current and prospective shareholders is securities fraud. That’s the allegation—not that they did something stupid, but that they misrepresented their risk exposure. I’m of the opinion that they should pay for that. Who better to receive the proceeds than those who lost money investing based on flawed disclosures?