From Ethics and Social Policy, by Wayne A. R. Leys

Courtesy of Google Books:

From footnote on page 100:

When a nonmanagerial stockholder does attend the stockholders’ meeting and dares to speak up, he may be written up in the next day’s newspaper as a crackpot. Royal Munger, financial editor of the Chicago Daily News, expressed sympathy for the dissenting stockholder, but he could not refrain from ridicule in reporting a corporation meeting where some investors insisted on expressing their opionions: “One of the cranks ask whether it is true that the president has to pay 50 per cent of his salary in income tax. ‘I think that is a waste of money,’ he asserts. ‘We ought to pay him less so that he wouldn’t have to pay such large taxes.’” (Chicago Daily News, July 10, 1939.)

This entry was posted in Mentions. Bookmark the permalink.