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Personal Finance Topics / Macroeconomic Trends and Risks
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Author: Steve203 🐝  😊 😞
Number: of 3853 
Subject: muzzling shareholders
Date: 03/13/26 12:37 PM
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I have received several letters in the mail from Exxon Mobil inviting me to sign away my shareholder rights by defaulting my shares to be voted management's way on everything, all the time. Today, I received a phone call, pressing me on the same matter. I can't tell if there is some special issue that management wants to ram through, or if management is simply tired of dealing with shareholder input, on anything.

Last time I looked, management are the shareholder's employees, not law unto themselves.

Steve
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Author: Goofyhoofy 🐝🐝 HONORARY
SHREWD
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Number: of 3853 
Subject: Re: muzzling shareholders
Date: 03/13/26 2:03 PM
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Today, I received a phone call, pressing me on the same matter.

I got that this morning (or maybe yesterday) as well. It was on the answering machine, and I played it on speakerphone because I was doing something else. Mrs. Goofy said “What’s that about?” And I answered, “They want me to vote with management, always and forever, no matter what, do dah, do dah”.

She looked at me and said “So I guess that’s a no?”
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Author: Steve203 🐝  😊 😞
Number: of 3853 
Subject: Re: muzzling shareholders
Date: 03/13/26 5:16 PM
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She looked at me and said “So I guess that’s a no?”

You married a wise and perceptive woman.

Steve
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