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It's the duty of any corporate officer to act responsibly with regard to the fiduciary duty to the company and to the shareholders. If they get news that their
by anonymousiam 4y ago
It's the duty of any corporate officer to act responsibly with regard to the fiduciary duty to the company and to the shareholders. If they get news that their assets are at risk, they must act. To do otherwise would create great legal risk.
- FireBeyond 4y agoI'm not saying I agree either way with the law, but if you don't just take out your money, but encourage others to take out theirs as well, you are encouraging a bank run and there are specific federal laws against doing so... speaking of legal risk.
- deleted 4y ago[deleted]