Powerless investors vote overwhelmingly to oust Mark Zuckerberg as chairman

Re:Powerless investors vote overwhelmingly to oust Mark Zuck... by toomuchtodo on Tuesday June 04, 2019 @10:19AM (#20095252)

Or compel the SEC to require a deprecation of dual class structure as part of a settlement agreement. All Facebook crimes are securities crime when you’re public (apologies to Matt Levine).

This administration seems to want to go after tech. If you’re a large Facebook investor, encourage them. You’re going to lose some value, but less than if you leave Mark in charge.

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Re:Powerless investors vote overwhelmingly to oust Mark Zuck... by bilbo0s on Tuesday June 04, 2019 @11:04AM (#20095688)

But there won't be any settlement agreement. That's the problem. Assuming there will is akin to just saying, "Well, someone will fix it" while executing the Jedi Hand Wave gesture.

We're not Jedi.

If we want things to change, we have to change the actual laws. Expecting lawyers to find some violation under current law is fanciful in the extreme.

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