Friday, 24 June 2011

Little Guy Fights Back!

Did you miss this uplifting story? A small investor fought back against the big hedge fund managers and may make a difference. If you link to the story, you can also link to a recording of his argument before the court. Believe it or not, I listened to it.

The whole 2008-09 financial debacle only reinforced my feelings that all is rigged in favor of a small group of rich, powerful, and connected. I am a good saver and all, and I engage in frugal practices, but ....trying so hard not to whine.

So hats off (my hat, anyway) to Mr. Thoma. He did a lot of work poring through company records.

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