History or not, they must be banned. Lame Financial 'Fiduciaries' (aka Investment Managers, Private Banks, Insurance firms, Pension and Mutual Fuds) must state their intention and be rated accordingly. Good Governance must be a first stop for any marketing and sales effort by these firms.
Non-Voting Shares Don't Have a Pretty History
There has recently been much debate and some confusion about a bedrock
principle of corporate law—namely, the essence of the board’s fiduciary
duty, and pa...
16 hours ago
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