The Arizona Empire Strikes Back!

[Eastoff]

http://money.cnn.com/2010/05/20/news/economy/arizona_los_angeles_boycott/index.htm?hpt=T1

 

[BrianFromWA]

I love this. And as far as "this can't happen...LA's part-owner"...last I checked 21% of the shares of a corporation couldn't outvote 79%. So all the board has to do is "take the vote to the shareholders", and it's cold, dark and quiet in 1/4 of LA.

 

[BlazerWookee]

I think my soul just got a stiffy.

 

[The_Lillard_King]

Is that a public company, because if it is I'm dumping shares on rumors that the company may be pressured for politcal reasons to dump a significant client.

I think it is a great idea for the state of Arizona,but a terrible idea for the power company.

 

[BrianFromWA]

didn't it say in that article (it may not have, and I read it somewhere else) that New Mexico's standing in line to buy the electricity not going to LA?

 

[The_Lillard_King]

didn't it say in that article (it may not have, and I read it somewhere else) that New Mexico's standing in line to buy the electricity not going to LA?

Not in that article but maybe in another one. I would hope they would have some back up plan. Heck why is Arizona loyal to Cali . . . if I owned that company I would put New Mexico and Cali into a bidding war.

Maybe I should buy stock in the company . . . clearly I know what I'm tlaking about, want a stock tip.

 

[Mediocre Man]

I love this.

 

[barfo]

I love this. And as far as "this can't happen...LA's part-owner"...last I checked 21% of the shares of a corporation couldn't outvote 79%. So all the board has to do is "take the vote to the shareholders", and it's cold, dark and quiet in 1/4 of LA.

The chances of this happening are considerably less than the chances of Lebron, Kobe, Bosh, and Wade all playing for the Blazers next year.

barfo

 

[Minstrel]

The chances of this happening are considerably less than the chances of Lebron, Kobe, Bosh, and Wade all playing for the Blazers next year.

[video=youtube;yCFB2akLh4s]

 

[maxiep]

Ah, sweet, sweet, Schadenfreude. I vote for that 25% reduction to be exercised at Staples Center during all L*ker games.