Welcome to General Chat - GAW Community Area
This General Chat area started off as a place for people to talk about things that are off topic, however it has quickly evolved into a community and has become an integral part of the GAW experience for many of us.
Based on its evolving needs and plenty of user feedback, we are trying to bring some order and institute some rules. Please make sure you read these rules and participate in the spirit of this community.
Rules for General Chat
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Be respectful to each other. This is of utmost importance, and comments may be removed if deemed not respectful.
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If you find people violating these rules, deport them rather than start a argument here.
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Feel free to give feedback as these rules are expected to keep evolving
In short, imagine this thread to be a local community hall where we all gather and chat daily. Please be respectful to others in the same way
Rules For the rest of the Site also accessible on the sidebar.
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I think there's more to it than that. If you bought 10% of a company early on based on their promise of paying dividends, and then the company randomly decides to go full Amazon and forego profits for the next 10 years and not pay the dividends they promised, wouldn't you be upset? That's the Dodge side of things in this case
No one's saying they should be in the red.
You can provide a great service and wonderful products while being content with being in the black, or at worst breaking even.
But thanks to this case, publicly-traded companies are forced to maximize profit and stock price over ALL else, product quality be damned.
There's a reason Elon took Twitter PRIVATE.
Yep good for him.
So the debate is, who should a company be more generous to: Stockholders or their Employees?
I need more details on the case. It seems kind of simplified.
https://case.law/caselaw/?reporter=mich&volume=204&case=0459-01