dimpy.handa
Dimpy Handa
Sears Chairman Edward Lampart in his annual shareholder letter has demonstrated that not all large corporations yield to the allure of Corporatism. Rather than running to the government with a tin cup in his hand like so many of his counter-parts are so prone to do, Lampart is taking a stand against government intervention in the markets, even as a savior, and urging his shareholders to do the same. He is recommending his shareholders read the works of Nobel Prize winning Austrian Economist Frederick Hayek for edification on what is transpiring in the political economy of today and to evaluate the merits of his shareholder's investments in this light.
We need more Chairmans like Edward Lampart representing the interest of shareholders in the boardrooms. He stands in stark contrast to the swarms of CEOs and board chairmans who are stepping all over each other in an attempt to get their piece of the government action.
We need more Chairmans like Edward Lampart representing the interest of shareholders in the boardrooms. He stands in stark contrast to the swarms of CEOs and board chairmans who are stepping all over each other in an attempt to get their piece of the government action.