Fiduciary Duty | Ethics Defined

[@bluespring2746]

Excellent, brief and concise description of fiduciary responsibility!

[@edmartin875]

As I understand it the US Government had a fiduciary duty to oversee the citizen's Social Security and Medicare funds until they nationalized the fund in order to use those moneys during the Vietnam War. Is that correct?

[@spacechimp6442]

Corect me if I'm wrong, but does that mean a publicity traded company has to act in thier shareholders best interest, even if it means having to do harm to others that rely on the company?

[@kesmeseker9593]

Exactly. Look up Ford v Dodge 1919 case.

[@kylegamer48]

Yup. And that right there is the core problem of capitalism.

[@shaungorham5479]

Minnesota, I appreciate it.

[@Ezziry]

Thanks

[@Mutt.m8]

in practice, this hurts us more than you think

[@MiliZone]

Thank you

[@rabbirraailmasabaa7867]

❤❤❤❤❤❤❤

[@eggy4884]

I typed "Fiddigugdyriydkfy" what even.. I don't belong here cya 👋

[@sheldonmustdie2]

Thank you fallout 😅