SevenCubed - 12:57 am on Nov 6, 2010 (gmt 0)
I'm not sure Google feels any genuine obligation other than to the shareholders
I could go on and on about the shareholder myth. Don't be fooled by the shareholder spin. Public companies like Google care very little about shareholders, especially the common share holders. The preferred share holders get their returns through dividends, usually quarterly, and it's only slightly higher than the going rate for a savings account because there is little risk. Whereas common share holders forsake dividend payouts in favour of expected long term appreciation of the value of their shares. It's only bond holders that have their debt secured. The stock market is only a secondary market and isn't a true reflection of the actual net worth of a company. It's an artificial relative paper value not a real tangible asset.
Whether it's a boardroom crowd wearing suits and ties, with MBA's sipping champagne or a bunch of guys sitting around a poker table in t-shirts drinking beer, it's all the same. They are gamblers. But at least the poker players are putting their own money on the table whereas the "elite" are playing with other people's money, with their own personal gain at the forefront of their mind.
so far we've not suffered from a loss of traffic
That's why I've pointed out that I wouldn't expect to see a difference until about 6 months to a year from now if this sticks.