Thanks for the civil reply. I agree that it wasn't a typical political ad and Peterffy actually is fairly decent. I just found the scare-tactics too far fetched, as you pointed out as "imaginary danger". Republican and Democratic parties aren't that different, neither really follows the teachings of Hayek or any other free-marketeer. I find it problematic if a CEO uses his corporate identity to present political ads, there might be far fetched consequences for the clients. I just think no-ads is better than ads.
" Republican and Democratic parties aren't that different, neither really follows the teachings of Hayek or any other free-marketeer." above is exactly why the US is in an economic mess. "I find it problematic if a CEO uses his corporate identity to present political ads, there might be far fetched consequences for the clients." it seems far fetched but assuming it is true does it follow that leaders in the financial industry should be muzzled in expressing their opinions?
NOT muzzled....just smart about business and the business/company/institution they represent. As a business person you do not want a backslash against your product or service. So you stay out of it! Business logic. Unless you can name some CEO's making political commercials, that maybe we have missed.
On just this last post when I wrote..."So you stay out of it"; it is obviously meant so, you, as the CEO or business leader, stay out of politics, in general. On another note.....crickets!!!
"Mr. Peterffy said he believes any effect on the business of Interactive Brokers, which reports third-quarter results Tuesday, will be a wash. âThere will be people who will not like it counterbalanced by people who will,â he said in the email. âAs long as I do not get knocked off or have a regulatory crusade against me Iâll be fine.â