Soft privatization

[Michael Eisenscher]

At 05:10 PM 7/31/1998 -0500, John K. Taber wrote:

>
>But there could be a plus to the Gov investing the trust funds in
>equities too, although mind you, I've already said I prefer not.
>
>Just as Calpers and Fidelity have been forced to prod corporate
>management to perform, the Government might be forced to take a
>strong role in overseeing corporate governance. 

Just which government did you have in mind?  Let's see, there's Bill's
government...George's government...Ronnie's government.....

Hmmm!  I sure can see those guys lining up to discipline corporate American
with their moral rulers!

Michael E.



>
>Would I love to see assholes like John Roach of the Tandy Corp,
>or Charles Wang who paid himself a half billion dollars for less
>than mediocre performance, answer to an angry congressional
>investigation.
>
>Man, that would be something!
>
>