Re: Bill Gates owns Apple

["Jerry Feldman-2" <user=4@nabble.blu.org>]

 On Fri, 29 Feb 2008 12:08:56 -0500 
"Matt Shields" <[hidden email]> wrote: 

> I'm not an expert in the investing and financial financial field, but 
> it may not be common stock.  If it's private stock or private funding 
> (as someone said non-voting), then it's just an investment and they 
> usually have no influence over business decisions.  I've worked at two 
> separate companies that had deals like this where investors bought 
> non-voting private stock. 

While only stock with voting rights can chose members of the board of 
directors, investors also can influence the management of the company. 
I've seen cases where investors have forced the company to hire a 
comptroller because they want someone watching over the money. While 
this is more common in chapter 11 bankruptcy's, you sometimes see it in 
a business that might be highly leveraged where the comptroller could 
even be an employee of the lending institution. 

-- 
-- 
Jerry Feldman <[hidden email]> 
Boston Linux and Unix 
PGP key id: 537C5846 
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