Like all people, some have a sense of fairness, some don't.
The problem is that business schools teach that fairness has no place in corporate management. So those with a sense of fairness get talked out of it (most of them), and those with a sense of fairness don't get hired for management positions (because biz school said that's inappropriate).
The problem is mostly with "professional" managers - they're the ones with the MBAs.
Business schools are evil.
Corporations run by founders and family usually show a sense of fairness.
And the people who post at TechDirt are well above average in intelligence and education. (And propensity to spout, of course.)
This is what the human race is like. Has always been like. Most people are clueless about most things.
This is the challenge for democracy - how do you get reasonable decisions out of people who on average don't know much about anything? Decisions that are not only reasonable, but also acceptable to most people (so you don't get a revolution, even if it's a revolution of idiots).
Yes. A "naked" short is when the short seller doesn't own a call option on the stock.
They still borrow the stock and sell it. They're called "naked" because they're 100% exposed if the stock price goes up - they'll have to buy it at the new price (no matter how high) and return it to the lender.
In a non-naked short, the short seller borrows and sells the stock, but also owns a call option on the stock. If the price rises too high, he/she executes a the option and buys the stock (to return it) at a pre-agreed price.
That's why I think we need major reform to the system - the voters are not going to change, so the system has to.
Altho I'm not at all a fan of Elisabeth Warren, despite being one of her constituents here in Massachusetts. But I will say she's a lot more honest than 90% of Congress. I think she's honestly wrong about a lot of things, but not corrupt.
I'll say the same for Rand Paul, who is actually running.
Actually, I'd love to see a Warren vs. Paul election - it would be fascinating. But without reform, probably not a successful administration for whoever wins.