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The Almighty Buck

Journal gd2shoe's Journal: Make Corporations Listen!

I read this today here on Slashdot and want to hold onto the idea. Context: posted in the middle of a debate on the McDonalds coffee lawsuit.

The amount has to be huge because the McDonald's corporation isn't going to give a shit if you award $20,000. It needs to be a big enough judgment that the company has to declare it as an item on its SEC filings.

I like this idea generally. Corporations are (by and large) led by greedy men who actively attempt to be above everything. The only way to get their attention is to take power away from them. Money is one representation of that. Another, to my understanding, is that big investors read SEC filings. Such might draw away potential investors, and upset current investors. The threat of this should at least bring the issue to the CEO's personal attention.

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Make Corporations Listen!

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