hwood007

Going to Hell in a Handbasket: The Rush To Protect More Stocks

I need someone to explain how a public owned company is allowed to give away company money to a politician? On which company disclosure form does that appear? I thought this was stock holders money and management was hired to run the firm in the interests of the stock owners, not the interests of any politician they like.

It would also seem to be a conflict of interest for GSE type companies to give money to the election funds of any government politicians and a conflict of interest for politicians to receive such money. GSE firms were setup to take care of taxpayers but seem to be taking care of those who are charged with GSE oversight and why is it that the liberal politicians are at the top of the recipients list of GSE funds?

I remember several years ago someone tried to offer a bill to control the GSE firms and I also remember that a Senator who received large donations to his election fund was instrumental in blocking the bill. Anyone remember who?
Company CEOs seem to have a great pay system, do bad and leave with big bucks and to better and leave with bigger bucks. I do not own enough stock to vote a difference, but I try. Had the GSEs been like Ceasar's wife, most of this mess would have been better.