5 ms·
stealth takeovers, stealth monopolies, the fact that its unregulatable and illegal as fuck under US law
by frontline 12y ago
stealth takeovers, stealth monopolies, the fact that its unregulatable and illegal as fuck under US law
- micah541 12y agoOne easy solution is to force key holders to de-anonymize themselves if they want to take any shareholder actions, such as voting. This wouldn't be an issue for 99% of us - just because I own a few TSLA shares doesn't mean I'm ever going to pound my fist on Elon Musk' desk and demand something - But if someone does buy up a large portion of the corporation and tries to use it to vote - they would have to declare "Hi, I am Carl Icahn, I own the following private keys XYZ and I'm demanding that we liquidate our assets and build a giant statue to the sky" or whatever. This prevents the Taliban or Chinese hackers from seizing control of a US corporation.