I dont know that the idea behind the system is flawed really...
But what I am sure of is that poor human virtues corrupt the system...
The monkey story has been to often been played out with only the product being different to the story told.
I have no interest in protecting greedy fools but they are often not the only victims and it is a problem with our society that we can look at a drug adict robbing a store with contempt and yet these CEOs who steal with greater dishonesty can still hold their head up after the short time they may do in confinment and move back into their social strata somewhat richer, after the law backs off taking back assetts from wives etc who have been entrusted to hold the stolen cash.....
Why buy shares anyways
you have no control..if the company does well the directors give themselves even more cash than when the company goes belly up...instead buy a flat or a house ...it will always be there and it (both income therefrom and capital value) will always keep step with inflation...you can live in a flat or a house but try keeping the rain off with a valuless share script.. about all it may be good for is to start a fire and using one hundred dollar notes will be cheaper for that purpose considering how much we pay for any share script.
alex
alex