TJ in Oregon
TJ in Cleve
Junior Chimp
Posts: 8,948
Political Matrix E: 0.13, S: 6.96
|
|
« on: July 27, 2012, 12:19:12 PM » |
|
One of my concerns with this other than what has been previously mentioned is that by forcing a sell-off of external shareholders the main effect would be to undo diversification of investment portfolios. Many of the largest shareholders in major companies are pension funds and mutual funds, which are set up by a large number of workers to save for retirement. They buy the funds as a way to spread their investment around in case some of the companies they invest in fail. This would result in moving those investments into one company and increasing the risk of people losing their life savings if one company should collapse.
|