2012-09-29 — dealbreaker.com
``What you don't learn in law school, though, is that "what the law says" and "what you can settle a case for" are two different things. One thing people love to sue about is "doing stupid shit with shareholder money." Weirdly, though, the state law that governs who can do what with shareholder money not only allows but actively encourages doing stupid shit with shareholder money; if you go to Delaware state court and say "hey the CEO of my company did stupid shit with my money and now it's gone" they will LAUGH AND LAUGH AND LAUGH at you and then make you go away.''
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