1. A Perfect Example of How America Has Completely Forgotten What 'Shareholder Value' Really Means

    A Perfect Example of How America Has Completely Forgotten What 'Shareholder Value' Really Means

    After years of using the term "shareholder value" to mean everything from stock buybacks to firings of entire company boards, America has totally forgotten what it means. We now have a perfect example of how the concept has gotten out of control. Fiat Chrysler CEO Sergio Marchionne is reaching out to all the muscle he knows — the big shareholders, the activist hedge funds — to see if anyone will help him force General Motors to merge with his company...

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