Four current justices -- Samuel Alito, Anthony Kennedy, Antonin Scalia and Clarence Thomas -- have indicated a willingness to reconsider that decision, giving Halliburton a solid chance of prevailing at the high court.
The shareholders in this case, led by the Erica P. John Fund, contend that Halliburton misrepresented its potential liability in asbestos litigation, revenue from construction contracts and benefits from a merger. They argue that they lost money after the stock's price dropped following news about one or more of those factors....
The willingness of the four Justices to consider this case is to realize this also tracks with the idea 'corporations are people.' It is a continuation of placing corporations within the understanding it has rights that supercede that of LIVING PEOPLE or shareholders. Not all shareholders are human beings, but, I think I made myself clear.
This case continues to place POWER within the hands of a few rather than the entire of stockholders. It is patriarchal. "Father knows best." What do stockholders know; they are only the ones that divide up the profits that those in Cloud City have made for them.
You know the CEOs that outsource labor to rob their own market share. That is such a fascinating idiocy of being a stockholder. They put these CEOs in charge of their own profits from earnings and turn around and allow bonuses that provide immediate profits but in the long term implodes the company only to seek bailouts. Like, what?
It is that never ending paradigm of stock brokers that play with descriptions and earnings records and trends, but, have no clue what is actually occurring with the entire if a populous in the USA which supports their stock prices. Impoverishment is Not Us. Not if one is going to continue to see profits in any company. It never ceases to amaze me; the willingness to 'take the cash' and forget about the future. I think that reflects nothing but insecurity. There is something about brokering stocks that is always about risk and the need to protect from it that allows for this hideous paradigm.
What are the few going to do when all others are too poor to purchase anything?
LOCAL ECONOMIES Folks. Local Control of the stability of any community. There is no other way, otherwise, the nation is on a roller coaster forever.
This case continues to place POWER within the hands of a few rather than the entire of stockholders. It is patriarchal. "Father knows best." What do stockholders know; they are only the ones that divide up the profits that those in Cloud City have made for them.
You know the CEOs that outsource labor to rob their own market share. That is such a fascinating idiocy of being a stockholder. They put these CEOs in charge of their own profits from earnings and turn around and allow bonuses that provide immediate profits but in the long term implodes the company only to seek bailouts. Like, what?
It is that never ending paradigm of stock brokers that play with descriptions and earnings records and trends, but, have no clue what is actually occurring with the entire if a populous in the USA which supports their stock prices. Impoverishment is Not Us. Not if one is going to continue to see profits in any company. It never ceases to amaze me; the willingness to 'take the cash' and forget about the future. I think that reflects nothing but insecurity. There is something about brokering stocks that is always about risk and the need to protect from it that allows for this hideous paradigm.
What are the few going to do when all others are too poor to purchase anything?
LOCAL ECONOMIES Folks. Local Control of the stability of any community. There is no other way, otherwise, the nation is on a roller coaster forever.
