On Jun 25, 2006, at 5:32 PM, Tim Francis-Wright wrote:
> But the WSJ does not really depend on a small cadre of big cheeses,
> but on its 2 million or so subscribers, a lot of whom are using it
> to try to beat the stock market. And learning about corporate
> malfeasance is very, very important to them.
I'm not so sure of that. Most stockholders just want to go along for the ride, and don't care much about malfeasance - at least until after the fact. The late 1990s were a perfect case study in this.
Doug