Forum Post: OWS Goal: People (Us) to Control Business thru Director Nominations
Posted 13 years ago on Nov. 18, 2011, 9:15 a.m. EST by Solver993
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“For any public company, only real person shareholders, selected by a pure lottery of shares owned, may nominate directors.” Control is returned to the people, not Wall Street nor Congress.
Today, CEO's nominate cronies as directors who give out out-sized salaries, bonuses and take risks with our money. If two candidates were nominated by real people for each director slot there would be board quality, caution with our own money and much less need for government oversight and influence.
Please discuss implications and suitability as an articulated OWS goal.
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