Saudi Arabia buys 5% of Nintendo

[Eagle367]

Shadow1980 said:

IcaroRibeiro said:

People are so dramatic

They can buy as much shares as they want, Nintendo is public traded. If you don't like how open market works, don't support free traded companies, that's all

Well, I'm a socialist, so I believe that Nintendo's employees should be the ones who own the company, collectively and equitably (note that I'm a "co-ops instead of corporations" socialist, not a "state-owned central planning" socialist).

That being said, there ought to be some sort of provision to keep authoritarian governments with a record of serious human rights abuses from buying stock in companies. There are certain other circumstances where someone can be banned from buying stocks, so why not add "conducting public summary executions for adultery or homosexuality" and "committing war crimes" to the list?

If you include war crimes,George Bush and the US government couldn't buy stocks too. Does the US government buy stocks though.