Whats the difference in value and ownership?
Putz and the rest of the family own the "A" shares. The "A" shares have 10 votes per share of stock. Class "B: shares is for the dumb goys. They only get one share a vote. This way Putz and the boys have control of the board even though they are minority small holders. This is a nice position to be in. You can rip the company off and nobody is going to vote you out! This is liberal Democracy at work in the boardroom at the NYT's!It's like Putz being anti gun yet has a license to pack heat.
well put, Yank
the power to make decisions