If a private company wastes money, whether large or small, it's none of our
business.

When a public company wastes money, whether large or small, it is the
business of its Board and shareholders.

When the government wastes money, at any level,  it's the business of the
citizens and taxpayers.

Owning equity in a company, whether public or private, is VOLUNTARY.

Higher standards apply to PUBLIC MONEY because being a taxpayer is NOT
VOLUNTARY.


Robert Schmid wrote:
"The public/private comparison that some people favor so much is really only
valid when comparing small companies to the public sector. "

Vicky Heller
North Oaks

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