A Bad Day For UK Shareholders
Posted by admin on Feb 13, 2009 in credit crunch, london stock exchange, northern rock, property rights, shareholder rights
2 Comments
Today was a fairly bad day to be a shareholder in the United Kingdom. The idea of property rights - something that is vital in a modern democracy - seems to have been damaged somewhat.
Property rights are a central tenet of a modern economy. Without legal rights of ownership with a solid enforcement system, the [...]