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Hometown Versus Wall Street

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Touch the Soil News #172 Going public (your stock is sold on Wall Street) means you’ve achieved a certain size, standardized financial control and a potential for growth. Going public means you can sell stock to savvy investors. First and foremost in the minds of investors is the return. We are all familiar with the kinds of things that getting a return sacrifices in order to deliver gratuitous CEO salaries, stock dividends and rising stock values. To corral all the money investors want, we can generally expect: 1) A decline in product quality. 2) Pressure to keep folks at low wages. 3) Taking environmental shortcuts. 4) Exporting jobs overseas. However,…

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