I would agree - it is not off topic. However, I
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Posted On: 04/26/2017 9:19:35 AM
I would agree - it is not off topic. However, I would argue against the impact you think it has. First, the law that has existed is not one you have ever taken advantage of not do you know many who have. The real point of the proposal is not you or I. The arguement can be made that it is to protect you average shareholder from the nefarious acts of others...
Play that out - right now, you exist in a scenario where MIT could show up at the meeting and completely impact its outcome by requiring or even proposing something to be required. Activist investors are becoming akin to liberals. I get that they think thy have the best interests at heart but they only hear the sound of their own voice.
The reverse is true as well conservative implications as well. Look this proposal does not impact us as much as you are being led to believe. You still have your vote. You still have your process,you still have the role of the BOD. What changes is the process to get something discussed at the meetings and up for vote by shareholders. If you are serious about suggesting any changes, you cannot be some small bandwagon jumper. The requirement prove that you have and have had a vested interest in the company.
Interesting stuff if you read the full context.... then again I am working at a mutual fund comp. so it's a whole diff perspective
Play that out - right now, you exist in a scenario where MIT could show up at the meeting and completely impact its outcome by requiring or even proposing something to be required. Activist investors are becoming akin to liberals. I get that they think thy have the best interests at heart but they only hear the sound of their own voice.
The reverse is true as well conservative implications as well. Look this proposal does not impact us as much as you are being led to believe. You still have your vote. You still have your process,you still have the role of the BOD. What changes is the process to get something discussed at the meetings and up for vote by shareholders. If you are serious about suggesting any changes, you cannot be some small bandwagon jumper. The requirement prove that you have and have had a vested interest in the company.
Interesting stuff if you read the full context.... then again I am working at a mutual fund comp. so it's a whole diff perspective
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