02/08/2012
https://congress.gov...
"Should the SEC play a larger oversight role in overseeing stock buybacks as this has been funded by firing American workers?"
"Well, does the SEC assume that they have any responsibility to their workers, or can they just fire them willy-nilly?"
"Recently, in my home State of Indiana, 2,100 workers were let go by a highly profitable company in order to get $3-an-hour jobs to Mexico."
"In the SEC's eyes, who is the corporate responsibility to? Is it to just the shareholders? Or do they owe a duty to the entire corporate enterprise, including workers?"