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The
Below Comments Relate to this Newslink:
Conservative Shareholder Grills CEO of Dick’s Sporting Goods for Anti-Gun Policies
Submitted by:
Mark A. Taff
Website: http://www.marktaff.com
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An investor confronted the CEO of the Dick’s Sporting Goods chain at an annual shareholders meeting in Pittsburgh, blasting the retailer’s recent restrictions on gun sales and its anti-gun advocacy.
David Almasi, a vice president at the National Center for Public Policy Research, attended the meeting Wednesday representing the think tank’s Free Enterprise Project, according to a report by Fox Business. Almasi accused Dick’s Sporting Goods CEO Edward Stack of violating fiduciary duties by knowingly and purposely giving up money. |
Comment by:
mickey
(6/16/2018)
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Willful and wanton destruction of saleable inventory items worth about $1000 each, after deciding to stop carrying that seemingly profitable product line, can only be considered throwing shareholder's money away, while the decision to stop carrying those products would look more like a business decision. |
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After having thus successively taken each member of the community in its powerful grasp and fashioned him at will, the supreme power then extends its arm over the whole community. It covers the surface of society with a network of small, complicated rules, minute and uniform, through which the most original minds and the most energetic characters cannot penetrate, to rise above the crowd. The will of man is not shattered, but softened, bent, and guided; men seldom forced by it to act, but they are constantly restrained from acting. Such a power does not destroy, but it prevents existence; it does not tyrannize, but it compresses, enervates, extinguishes, and stupefies a people, till each nation is reduced to nothing better than a flock of timid and industrious animals, of which the government is the shepherd. — Alexis de Tocqueville |
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