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joe_the_user 4 days ago

Don't think I'm using duty in any sense other than the sense than that the corporate raiders have set-up a situation where management feels forced to engage in the program of gutting they outline. All of this is part of the gutting of the US of course.

By betting that Gordon Gecko had enough fans to make the arb work. "Gutting" a company slowely and painfully is in a bucket I'll call "fraud adjacent": usually not outright illegal (lotta "gray" work, gray edge), clearly not what society wants or intended

Sure, but if society doesn't intend this, society has to f---ing do something. Clearly it's not.

IE: if the only legal obligation of management is promoting maximum legally possible valuation over time, "squeezing" still makes sense if there's enough money to be had. The only way to change this is forcing the issue in some fashion or other.