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The firm is a superstar in that regard, and I, a small stockholder, am grateful.
"Political rights won't be violated but will resemble those of a small stockholder in a giant enterprise," he wrote.
That is sad for the stockholders (I am a very small stockholder), and the price of Bear Stearns stock has tumbled.
It is redolent of the classic movie "The Solid Gold Cadillac," with Judy Holliday as a scrappy small stockholder, challenging the board of directors about fat salaries and dubious policies.
Today, corporations have evolved to have the narrow interest of maximizing returns to their investors and to their executives, often denying the rights of their employees and the small stockholder.
As a small stockholder in all three ofthe domestic automakers, I read "Saving GM" (Mar. 14, p. 106) with interest.
Similar(52)
PROFILE of Lewis D. Gilbert, crusader for small stockholders.
The New Yorker, December 18 , 1948P. 33 PROFILE of Lewis D. Gilbert, crusader for small stockholders.
Proxy solicitation as a business came into being during the early 30s, when company management became conscious of small stockholders.
By John Bainbridge The New Yorker, December 18 , 1948P. 33 PROFILE of Lewis D. Gilbert, crusader for small stockholders.
Any rally in the next few weeks is expected to be of the "technical rebound" style, with many small stockholders thoroughly disillusioned with the market.
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CEO of Professional Science Editing for Scientists @ prosciediting.com