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Because they're all on each other's boards. There's no incentive to do otherwise. And all they need to do is cater to wall street to maintain their positions
by tw04 3y ago
Because they're all on each other's boards. There's no incentive to do otherwise. And all they need to do is cater to wall street to maintain their positions because the vast majority of their shares are tied up in 401k funds insulating them from any oversight.