John Paulson To Create Sharehold Gold Council
Автор: Arcadia Economics
Загружено: 2017-09-27
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Investor John Paulson Proposes Shareholder’s Gold Council
Recently billionaire investor John Paulson proposed the idea of a Shareholder Gold Council. While stating that “the days of CEOs getting rich while shareholders lose has got to end,” Paulson spoke about a council that would help shareholders keep management accountable.
Certainly anything that promotes transparency and accountability in the financial industry, and especially the precious metals space is a good thing. It’s an industry that doesn’t always have the best reputation, which in many cases is often warranted.
However while Paulson’s speech reportedly focused on how there have been, “$85 billion of write-offs since 2010, much of it attributable to ill-advised mergers, while still richly rewarding chief executive officers,” personally I hope that the council might dig into the bigger issue. Which is…….
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