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July 17, 2007

Interesting: George Soros Is 10.8% Stockholder of JetBlue

Raising the question: Is this actually in the corporate/shareholder interests of JetBlue, or is it only in George Soros' partisan interests?

Big shareholders in a company have a fiduciary duty to it. They can't whipsaw a company into taking actions against its interests just because it's what they want. It's one thing for Soros to donate millions of his own personal wealth into hard-left causes and organizations; it's another thing for him to pressure a company he's a large stakeholder in to donate a large amount of money owned by all shareholders to his pet causes.

I find Roger Simon's suggestion that it's just a matter of time before JetBlue sponsors a Pajamas Media convention to be growing less plausible by the hour.

Malkin... weighs in with venom and photoshops.

posted by Ace at 05:55 PM

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Obama's Compromise: I'll Just Mandate That Employers Contract With Insurers To Cover Contraception For Free, and Hence Employers Cannot Be Said To Be Paying For It Straw Poll Friday Fun Video His Majesty King Barack I To Decree Special Dispensation For (Some Of) His Subjects Top Headline Comments 2-10-12	« Strange Clown Reads Aloud OJ Simpson's "IF I Did It," Chapter One \| Main \| John Kerry: We Would Have 60+ Votes For Iraq Surrender, If Only Some Of Those Voting Against Surrender Would Vote In Favor Of It » July 17, 2007 Interesting: George Soros Is 10.8% Stockholder of JetBlue Raising the question: Is this actually in the corporate/shareholder interests of JetBlue, or is it only in George Soros' partisan interests? Big shareholders in a company have a fiduciary duty to it. They can't whipsaw a company into taking actions against its interests just because it's what they want. It's one thing for Soros to donate millions of his own personal wealth into hard-left causes and organizations; it's another thing for him to pressure a company he's a large stakeholder in to donate a large amount of money owned by all* shareholders* to his pet causes. I find Roger Simon's suggestion that it's just a matter of time before JetBlue sponsors a Pajamas Media convention to be growing less plausible by the hour. Malkin... weighs in with venom and photoshops. posted by Ace at 05:55 PM \| Access Comments <script language="javascript" src="http://adserver.adtechus.com/addyn/3.0/5235/1131537/0/170/ADTECH;loc=700;cookie=info;target=_blank;key=key1+key2+key3+key4;grp=[group]"></script><noscript><a href="http://adserver.adtechus.com/adlink/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" target="_blank"><img src="http://adserver.adtechus.com/adserv/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" border="0" width="300" height="250"></a></noscript>	Recent Comments maddogg who is himself a Tea partier: "You know, I can see some advantages to spontaneous ..." Hair Plugs Joe: "The answer is is......HIGH SPEED rail! ..." phoenixgirl: "The volt...: the fat will burn off you one way or ..." polynikes - Texan for Romney: "Santorum -Pope Mobile. 2012 ..." mpfs, Live Free Or Die: "Andrew Breitbart at CPAC right now! ..." 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