Article

2022-04-17 -Great Cultural Revolution

Twitter Board of Directors Own Almost No Shares of Stock in Company, Elon Musk Notes "their economic interests are simply not aligned with shareholders"

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Frank G 2022-04-17 08:03|| || Front Page|| [16 views ] Top
File under: Tin Hat Dictators, Presidents for Life, & Kleptocrats

#1 Sort of like the Texas energy board member living in Florida when the big freeze out hit.

Posted by Procopius2k 2022-04-17 09:11|| 2022-04-17 09:11|| Front Page Top

#2 ...absentee landlords.

Posted by magpie 2022-04-17 11:36|| 2022-04-17 11:36|| Front Page Top

#3 For all the pretension about the fiduciary duties of board members, it's a giftie job, like an ambassordship. You get it because someone owes you. When the SHTF, they point at the outside accounting firm. Ask all the ones that died on that sword already.

Posted by M. Murcek 2022-04-17 12:12|| 2022-04-17 12:12|| Front Page Top

#4 How many Theranos board members are looking at jail time?

Posted by M. Murcek 2022-04-17 12:15|| 2022-04-17 12:15|| Front Page Top

#5 But maybe Musk's interests are aligned with the US government's?

SpaceX launches NROL-85 spy satellite for U.S. National Reconnaissance Office

Posted by DooDahMan 2022-04-17 12:27|| 2022-04-17 12:27|| Front Page Top

#6 To be fair, the baroness is only a life peer. Properly she is Martha, Baroness Lane-Fox of Soho.

Posted by trailing wife 2022-04-17 12:29|| 2022-04-17 12:29|| Front Page Top

#7 I see an Atlas Shrugged scenario. They put him in prison and then tell him to save their asses.

Posted by M. Murcek 2022-04-17 12:29|| 2022-04-17 12:29|| Front Page Top

#8

When I last looked at the Top 5 shareholders for Twitter last week most of the owners were Stock Trading/holding companies and Mutual Funds.

I guess they select who they want as a Board Member?

Posted by NN2N1 2022-04-17 19:17|| 2022-04-17 19:17|| Front Page Top

23:59 Omineth Gray1397
23:55 Omineth Gray1397
23:24 Skidmark
23:21 Skidmark
23:05 trailing wife
22:18 Omineth Gray1397
21:10 Percy Flotle3938
19:40 Omaing Stalag1261
19:25 Seeking Cure For Ignorance
19:17 NN2N1
19:12 NN2N1
19:04 NN2N1
18:16 Chris
18:15 Chris
18:09 Chris
17:56 DarthVader
17:54 SteveS
16:41 Dron66046
16:39 irish rage boy
16:20 Dron66046
16:16
16:14 Dron66046
16:12 Dron66046
16:09 Chris