Goldman Sachs Investors Want More
Since I wrote about Goldman Sachs’ apology, investors are calling for a bigger share of profits. Don’t owners have a right to demand this?
Corporations are created to limit investor risk while making money. Sincepowerful corporations can cause enormous damage, layers of governance are added. A balance of forces and laws grow a company as big as Goldman Sachs. Then individuals personally profit from investing in, or working for, these enormously fattened pigs. Some gorge themselves on very large pieces of pork.
Governments become enmeshed and corrupted by capitalism. Bailouts become billion dollar opportunities for greedy individuals to exploit. With the balance of power and control being challenged, Investors, Executives and employees all scream for bigger slices of bacon. The Beatles nailed it in “Piggies”.
GoHuman.com promotes a sustainable model of equitable rewards and a new transactional model at the local community level. We celebrate the power of trust, built on transparent reputation. We look beyond the fallacy of so-called “Free Markets” to open markets of equal opportunity.
I’ll be blogging about these topics in the coming weeks. Thanks for the trust you display in working with us to change the way the world works.
Say cheese! or pork?
This entry was posted by Wade Fransson
on Saturday, November 21st, 2009 at 10:30 AM
Filed under Ethics.
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