The problem that afflicts Wall Street has, of all things, a left wing basis. The coruption of the Board room begins with large pension fund (usually public sector, and teacher) managers. They have no interest in the long term condition of a given company, just its short term gain potential.There were efforts to deny voting rights to institutional investors in the past, but they came to nothing. We are now stuck with the fact that carpetbaggers now control most of our corporations.
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