[lbo-talk] a question

[Doug Henwood]

[A question from The Note, reminiscent of the corporate governance  
literature - when you have millions of dispersed, unorganized  
shareholders, management gets a free hand.]

Can you smell the conflicts coming? "Interest groups are furiously  
drawing up wish lists for the incoming Obama administration, many of  
them hoping to cash in on the investments they made -- in volunteers,  
political support, and campaign contributions - in Obama's commanding  
win," The Boston Globe's Scott Helman writes. "But given the nature of  
Obama's victory, which was propelled more by a grass-roots army of  
millions than by traditional Democratic constituencies, is the  
president-elect really indebted to anybody?"