Jon’s story on CBS and Richard Moore actually brought up another
issue for me. Is it appropriate for states to influence the
direction and decisions of private corporations? I understand
that NC owns stock in ExxonMobil and obviously needs pension funds, but
isn’t there a problem when the state can literally buy enough shares to
influence a private company? Should there be laws prohibiting
states from exercising any control over private companies (i.e. through
votes)?
I’m interested in your thoughts on this issue.
