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Well I mean that's the consequence of capital ownership isn't it? It's not like these people are operating under some kind of constitutional obligation to their staff or anything.

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They are screwing (the other) shareholders.

Well sure, but chances are you're enriching the majority shareholder in this case. It's a per-share system not a per-person system.

What's your point? He is still violating his fiduciary duty to the corporation by looting it to enrich himself personally.

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