In 1966 author John Brooks decided he was missing a trick when it came to financial fun: he had never attended a “Stockholder Season” – the month in the spring in the US when most big companies held their annual meetings. He had heard that managers planned to clamp down on shareholders’ “unruliness”. In 1965 the chair of the Communications Satellite Corporation called on guards to “eject bodily two badgering stockholders” and hecklers had to be escorted off the premises at the Consolidated Edison meeting too. Shocking stuff – and it suggested the
The shareholders are revolting
Mar 03, 2023
3 minutes
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