I find it fascinating that major companies like Delta don't seem to care how much money their crazy policies are costing them.
The majority of shares are voted by three firms - black rock, vanguard, ssb&t. People who vote these shares own the board of directors and the strategic direction of basically every company traded on public exchanges.
I am part of the problem because I have Vanguard as a custodian of my savings. I believe that this is a fiduciary breach, but I am not going to take that lawsuit on. Sorry.
Long term I would like to move out of there, but long term I am probably a slave or dead.
They know the government will come to their rescue if the evil coronavirus dragon barks at them.
(post is archived)