Friday, February 06, 2004

Ownership versus Possession

John talks about the "ownership" of knowledge, and about Enron's "owners".

Possession may be nine tenths of the law. But the other tenth says: it was the small shareholders, the employee-pensioners with Enron shares in their pension funds - they were the real owners and the real losers.

The issue here is about bosses who behave as if they were the sole owners, trampling over the rights of the real owners.