Re: Ha Ha! Better sell your CN stock now!
Author: Xenophobe
Date: 07-29-2021 - 12:36

The largest CN shareholder is William R. Gates, co-founder of Microsoft. The majority of CN stock is held by American interests via institutional instruments including retirement plans and mutual funds.

I did some quick reading, and shareholders don't "own" the company. Shareholders like Bill Gates just own shares of profits. That's it. Canadian National is still a Canadian company that is headquartered in Montreal run by guys with Canadian last names like Jean-Jacques and McKenzie.

Quote:

"Experts in corporate law agree that stockholders are not technically "owners," and they provide several reasons. Law professor Lynn Stout, now of Cornell University, says a corporation is considered by the law to be a person with rights -- and you can't own a person. UCLA law professor Stephen Bainbridge, meanwhile, says a corporation is merely a set of contracts among shareholders, directors, employees and others. "There simply is nothing there that can be owned," he writes. Bainbridge also points out that if shareholders were truly "owners" of the corporation, they could freely use the corporation's assets. Try buying a share of United Airlines stock and then asking to use a plane."

"If common stockholders don't actually own the company, it's natural to ask what they do own. And the answer is: common stock. In an influential piece in the "Harvard Business Review," Justin Fox and Jay Lorsch say common stock merely gives shareholders a claim on the company's earnings -- that is, its profits."

[smallbusiness.chron.com]

If you do a little more research, your advocacy might end up being more effective.

Did a little research. See above.

Again, I don't like seeing our nation's railroads operated out of Canada. Or Mexico. Or China. That's wrong.

Tell the Canadians they have to clean up the Alberta tar sands fuking mess before they can put their grubby paws on our railroads. Sleezy Canucks.



Subject Written By Date/Time (PST)
  Ha Ha! Better sell your CN stock now! E.H. Scaryman 07-28-2021 - 12:15
  Re: Ha Ha! Better sell your CN stock now! Darn right I'm a xenophobe 07-28-2021 - 21:48
  Re: Ha Ha! Better sell your CN stock now! Reality 07-28-2021 - 23:11
  Re: Ha Ha! Better sell your CN stock now! Xenophobe 07-29-2021 - 12:36
  Re: Ha Ha! Better sell your CN stock now! Reality 07-30-2021 - 23:07
  Re: Ha Ha! Better sell your CN stock now! PSR 08-01-2021 - 00:01
  Re: Ha Ha! Better sell your CN stock now! Rudi Toot Toot 07-28-2021 - 23:24
  Re: Ha Ha! Better sell your CN stock now! White River Junction 07-29-2021 - 09:06
  Re: Ha Ha! Better sell your CN stock now! E.H. Scaryman 07-29-2021 - 13:03
  Re: Ha Ha! Better sell your CN stock now! White River Junction 07-29-2021 - 19:18
  Re: Ha Ha! Better sell your Fox News stock now! 07-29-2021 - 07:17
  Re: Ha Ha! Better sell your Fox News stock now! Wait... 07-29-2021 - 19:52
  chairman-of-house-transportation-committee-urges-stb-to-deny-cn-kcs-voting-tru st Peter DeFazio (D) 07-29-2021 - 15:26


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