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I 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 stup

by Bud 7y ago

I 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 7y ago
Because 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?