▲ 1044 ▼ Costco doing right (slrpnk.net) submitted 2 years ago by ByteOnBikes@slrpnk.net to c/upliftingnews@lemmy.world 114 comments fedilink hide all child comments
[–] Brekky@lemmy.world 34 points 2 years ago (3 children) Who are these shareholders?? Name and shame permalink fedilink source hideshow 6 child comments replies: [–] rational_lib@lemmy.world 45 points 2 years ago The shareholder is a group called "National Center for Public Policy Research", a far right organization. permalink fedilink source parent [–] UnderpantsWeevil@lemmy.world 42 points 2 years ago (4 children) https://en.wikipedia.org/wiki/Costco#Ownership Oops. All Private Equity. permalink fedilink source parent hideshow 8 child comments replies: [–] T00l_shed@lemmy.world 26 points 2 years ago (1 child) I'm starting to think these private equity firms are bad eggs! /s permalink fedilink source parent hideshow 2 child comments replies: [–] Randelung@lemmy.world 8 points 2 years ago (1 child) It's just bad apples. Landfills and landfills of bad apples. Not even compostable, that's how bad they are. permalink fedilink source parent hideshow 2 child comments replies: [–] RizzRustbolt@lemmy.world 1 point 2 years ago Not compostable, but they could be ground up to make some fertilizer. permalink fedilink source parent [–] tempest@lemmy.ca 6 points 2 years ago The top three are index funds basically which is not really private equity in the colloquial sense. A lot of people's retirements and savings are held by vanguard, blackrock and state street. permalink fedilink source parent [–] HurlingDurling@lemmy.world 1 point 2 years ago (2 children) Is there any legal way a company can prevent the sale of their stock to a private equity? permalink fedilink source parent hideshow 4 child comments replies: [–] UnderpantsWeevil@lemmy.world 4 points 2 years ago Go private and don't have stock traded on the secondary market? permalink fedilink source parent [–] keckbug@lemmy.world 1 point 2 years ago You can’t restrict the sale of stock, typically, but there are some provisions that can be adopted to make things more resilient. Check out “Poison Pills” on Wikipedia permalink fedilink source parent [–] rational_lib@lemmy.world 1 point 2 years ago These are not the same firms behind the proposal though. I know some of the funds listed like Blackrock and State Street have supported DEI at least in the past and have been targeted by the far right for that reason. permalink fedilink source parent [–] explodicle@sh.itjust.works 7 points 2 years ago This for all shareholders, all the time. Their laws might care about the corporate veil but we don't. permalink fedilink source parent
[–] rational_lib@lemmy.world 45 points 2 years ago The shareholder is a group called "National Center for Public Policy Research", a far right organization. permalink fedilink source parent
[–] UnderpantsWeevil@lemmy.world 42 points 2 years ago (4 children) https://en.wikipedia.org/wiki/Costco#Ownership Oops. All Private Equity. permalink fedilink source parent hideshow 8 child comments replies: [–] T00l_shed@lemmy.world 26 points 2 years ago (1 child) I'm starting to think these private equity firms are bad eggs! /s permalink fedilink source parent hideshow 2 child comments replies: [–] Randelung@lemmy.world 8 points 2 years ago (1 child) It's just bad apples. Landfills and landfills of bad apples. Not even compostable, that's how bad they are. permalink fedilink source parent hideshow 2 child comments replies: [–] RizzRustbolt@lemmy.world 1 point 2 years ago Not compostable, but they could be ground up to make some fertilizer. permalink fedilink source parent [–] tempest@lemmy.ca 6 points 2 years ago The top three are index funds basically which is not really private equity in the colloquial sense. A lot of people's retirements and savings are held by vanguard, blackrock and state street. permalink fedilink source parent [–] HurlingDurling@lemmy.world 1 point 2 years ago (2 children) Is there any legal way a company can prevent the sale of their stock to a private equity? permalink fedilink source parent hideshow 4 child comments replies: [–] UnderpantsWeevil@lemmy.world 4 points 2 years ago Go private and don't have stock traded on the secondary market? permalink fedilink source parent [–] keckbug@lemmy.world 1 point 2 years ago You can’t restrict the sale of stock, typically, but there are some provisions that can be adopted to make things more resilient. Check out “Poison Pills” on Wikipedia permalink fedilink source parent [–] rational_lib@lemmy.world 1 point 2 years ago These are not the same firms behind the proposal though. I know some of the funds listed like Blackrock and State Street have supported DEI at least in the past and have been targeted by the far right for that reason. permalink fedilink source parent
[–] T00l_shed@lemmy.world 26 points 2 years ago (1 child) I'm starting to think these private equity firms are bad eggs! /s permalink fedilink source parent hideshow 2 child comments replies: [–] Randelung@lemmy.world 8 points 2 years ago (1 child) It's just bad apples. Landfills and landfills of bad apples. Not even compostable, that's how bad they are. permalink fedilink source parent hideshow 2 child comments replies: [–] RizzRustbolt@lemmy.world 1 point 2 years ago Not compostable, but they could be ground up to make some fertilizer. permalink fedilink source parent
[–] Randelung@lemmy.world 8 points 2 years ago (1 child) It's just bad apples. Landfills and landfills of bad apples. Not even compostable, that's how bad they are. permalink fedilink source parent hideshow 2 child comments replies: [–] RizzRustbolt@lemmy.world 1 point 2 years ago Not compostable, but they could be ground up to make some fertilizer. permalink fedilink source parent
[–] RizzRustbolt@lemmy.world 1 point 2 years ago Not compostable, but they could be ground up to make some fertilizer. permalink fedilink source parent
[–] tempest@lemmy.ca 6 points 2 years ago The top three are index funds basically which is not really private equity in the colloquial sense. A lot of people's retirements and savings are held by vanguard, blackrock and state street. permalink fedilink source parent
[–] HurlingDurling@lemmy.world 1 point 2 years ago (2 children) Is there any legal way a company can prevent the sale of their stock to a private equity? permalink fedilink source parent hideshow 4 child comments replies: [–] UnderpantsWeevil@lemmy.world 4 points 2 years ago Go private and don't have stock traded on the secondary market? permalink fedilink source parent [–] keckbug@lemmy.world 1 point 2 years ago You can’t restrict the sale of stock, typically, but there are some provisions that can be adopted to make things more resilient. Check out “Poison Pills” on Wikipedia permalink fedilink source parent
[–] UnderpantsWeevil@lemmy.world 4 points 2 years ago Go private and don't have stock traded on the secondary market? permalink fedilink source parent
[–] keckbug@lemmy.world 1 point 2 years ago You can’t restrict the sale of stock, typically, but there are some provisions that can be adopted to make things more resilient. Check out “Poison Pills” on Wikipedia permalink fedilink source parent
[–] rational_lib@lemmy.world 1 point 2 years ago These are not the same firms behind the proposal though. I know some of the funds listed like Blackrock and State Street have supported DEI at least in the past and have been targeted by the far right for that reason. permalink fedilink source parent
[–] explodicle@sh.itjust.works 7 points 2 years ago This for all shareholders, all the time. Their laws might care about the corporate veil but we don't. permalink fedilink source parent