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The market would find a way around it. Also bear in mind that a corporation's only purpose is to make money for its shareholders. By eliminating short term win
by iuguy 18y ago
The market would find a way around it.
Also bear in mind that a corporation's only purpose is to make money for its shareholders. By eliminating short term wins you're interfering with that area.
- Tichy 18y agoI don't think it should be illegal to seek short term wins. Unless perhaps they qualify as gambling, but even then I am not sure that gambling should be illegal (really don't know).
- michael_dorfman 18y agoHow about gambling with other people's money?
- Tichy 18y agoHow can you get away with gambling with other people's money? I think fraud should be illegal, that is telling people that their investments are 100% secure, when they are not, should be illegal. Other than that, if people invest into a risky company, it is them who are gambling.
- joshwa 18y agohttp://en.wikipedia.org/wiki/Information_asymmetry http://en.wikipedia.org/wiki/Information_asymmetry