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WSJ's profile
The Wall Street Journal
The Wall Street Journal
The Wall Street Journal
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@WSJ

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The Wall Street JournalVerified account

@WSJ

Breaking news and features from the WSJ.

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Joined April 2007

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    The Wall Street Journal‏Verified account @WSJ 18 Aug 2017

    Opinion: Small shareholders should sue executives who play political games, write @tobaccoroadguy & @arationallifehttp://on.wsj.com/2wa1BLO 

    5:45 PM - 18 Aug 2017
    • 76 Retweets
    • 134 Likes
    • e.e. Mac Mckibben Steve Sundquist 🙅🏾יהוה🙅🏾‍♂️ Chris Disczo greg vineyard E pluribus unum #VoteRed Sheriff Cédric Le Clech 🇷🇺🇫🇷🇺🇸
    22 replies 76 retweets 134 likes
      1. Jay Rivera‏ @jayriv81 18 Aug 2017
        Replying to @WSJ @tobaccoroadguy

        Profits and gains above all, right? This #Whitehouse is too batshit insane even for CEOs. People protesting bathrooms are #snowflakes

        0 replies 0 retweets 3 likes
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      1. New conversation
      2. Paul Bryant‏ @paul_bryant 18 Aug 2017
        Replying to @WSJ @tobaccoroadguy

        Article ignores fact that courts provide broad deference to business decisions see Business Judgment Rule. Note neither author lawyer

        1 reply 0 retweets 1 like
      3. 1 more reply
      1. New conversation
      2. BowlingGreenMassacre‏ @BGMfoil 18 Aug 2017
        Replying to @WSJ @tobaccoroadguy

        Better idea is they sell their shares and buy stock in other companies, there are enough frivolous lawsuits already.

        1 reply 1 retweet 0 likes
      3. Jon L. Pritchett‏ @tobaccoroadguy 18 Aug 2017
        Replying to @BGMfoil @WSJ

        I like your thinking but the point is not to damage companies or shareholders; it is to hold CEOs accountable for malfeasance.

        1 reply 0 retweets 0 likes
      4. BowlingGreenMassacre‏ @BGMfoil 18 Aug 2017
        Replying to @tobaccoroadguy @WSJ

        Companies they like the products of and agree with the actions of, in the long run it will be a wash, but the short term sends a message.

        0 replies 0 retweets 0 likes
      5. End of conversation
      1. New conversation
      2. Davret‏ @FloMartinSec 18 Aug 2017
        Replying to @WSJ @tobaccoroadguy

        "Correlation is not necessarily causation." $TGT

        1 reply 0 retweets 1 like
      3. Jon L. Pritchett‏ @tobaccoroadguy 18 Aug 2017
        Replying to @FloMartinSec @WSJ

        True that it is not a precise science but the stock was at $82 when they announced policy in April 16 and plunged to $50 by July 17.

        1 reply 0 retweets 0 likes
      4. Davret‏ @FloMartinSec 18 Aug 2017
        Replying to @tobaccoroadguy @WSJ

        So did over a dozen public traded retail issues.http://www.nasdaq.com/symbol/xrt/stock-chart?intraday=off&timeframe=6m&splits=off&earnings=off&movingaverage=None&lowerstudy=volume&comparison=off&index=&drilldown=off …

        0 replies 0 retweets 0 likes
      5. End of conversation
      1. New conversation
      2. Jon L. Pritchett‏ @tobaccoroadguy 18 Aug 2017
        Replying to @dronerecovery @WSJ

        The point is to hold the CEOs and Directors personally responsible for malfeasance in order to protect shareholders.

        1 reply 0 retweets 0 likes
      3. Tweet unavailable
      4. Jon L. Pritchett‏ @tobaccoroadguy 18 Aug 2017
        Replying to @dronerecovery @WSJ

        While you are certainly entitled to your opinion, I think holding a CEO, left or right, accountable is essential. Should be job of board.

        2 replies 0 retweets 0 likes
      5. Davret‏ @FloMartinSec 18 Aug 2017
        Replying to @tobaccoroadguy @dronerecovery @WSJ

        The flaw in the argument is that if they took the other side of the debate, and STILL suffered a backlash, that would also be "malfeasance."

        3 replies 0 retweets 0 likes
      6. Jon L. Pritchett‏ @tobaccoroadguy 18 Aug 2017
        Replying to @FloMartinSec @dronerecovery @WSJ

        Actually, my point is that there is no need to take any social or political side as a company. Do it personally. Customers are left & right.

        1 reply 0 retweets 0 likes
      7. Davret‏ @FloMartinSec 18 Aug 2017
        Replying to @tobaccoroadguy @dronerecovery @WSJ

        Every corporation has its own values and mission statements. You have no problem with lobbyists and contributions, but THIS set you off.

        3 replies 0 retweets 0 likes
      8. 1 more reply
      1. Diane‏ @Deermorrison1 18 Aug 2017
        Replying to @WSJ @tobaccoroadguy

        Protecting your brand from association with Natzis is just good business. No CEO can risk being connected to Trump now.

        0 replies 0 retweets 0 likes
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      1. vince niko‏ @vinceniko1 18 Aug 2017
        Replying to @WSJ @tobaccoroadguy

        Good. Because if I look at their boards it's all vanilla.

        0 replies 0 retweets 0 likes
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      1. Pat Donaldson‏ @ptdnldsn 18 Aug 2017
        Replying to @WSJ @tobaccoroadguy

        The CEOs who left the board clearly didn't think it was influencing anything. Window-dressing is the impression I got.

        0 replies 0 retweets 0 likes
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