A person operating or owning a private company should have at law all the rights of privacy, both of actions and of character that the best legal system can provide.

However many of those legal rights should be removed when a person decides by free choice, to operate or majority own a public company. A public company is suppose to be operated for the benefit or shareholders equally and especially the general minority public shareholders.

All actions and decisions of management and directors of public companies should be open for public discussion; including all forms of payments, options, salary, expenses and capital expenditures etc. If a public person wants to call any action crap; idiotic, or whatever, it should be allowed under the right of public free speech.

For example if the manager of Man United football club (public company) did an idiotic transfer, underperformed or became incompetent; or if the directors loaded debt on the company ; are the public fans to be disallowed the right to comment on such actions ?

All managers, officers and directors who decide by personal free choice, to run public companies; should be held to the highest level of public discourse, accountability and criticism as possible including all items of integrity. Performance speaks for itself, both good and bad.

If they can not take the heat; they should not be firefighters. All such managers have the choice and right to stay private and build private companies.

The public is well served by having open public discussion on public boards, including open public criticism of management’s actions.