When it comes to business there is no difference between share holder activist and government.
They both are Monday morning quarter backs. They both have people who have their own agendas, that in most cases harm the companies that they are saying that they want to help.
In my mind the automobile imdusty was saved by having most of the rules of bankruptcy ignored. Fortunately it was able to placate congress without really distroying it's business model.
When one thinks of JC Penny one has to think of how it was almost destroyed by forcing the company to take on a CEO that didn't understand it's customers.
Is it the smart thing for Apple to borrow money to pay dividends to get a few share holders off it's back?
Both government and share holder activist force companies to look to doing things that are in most cases bad for the company.
The major difference is that one can hope that government does it for the greater good.
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