833
edits
Changes
Jump to navigation
Jump to search
Line 355:
Line 355: + +
→distinction between member and board member
::Yeah, speaking as a board member, I didn't realize I had extra liability until after the board member orientation. (ignorance on my part about corporations and boards, no one's fault). After all the discussion that happened after the board vote, I realized that if members decide to do soemthing and I can't bear the liability, that I have the freedom to quit. I'm not sure this is the best attitude for me to have -- this means that people who find risk acceptable have more privilege -- so it means people who are vulnerable will not be board members. I don't like it. I'm relatively privileged since I am a middle class person, but I have a chronic medical condition and so I need a steady income and a reliable source of insurance. People who are more vulnerable than me would have even more problems. If only white middle-class or upper-class people can deal with liability risks then we have a stupid space. ... this is all just stupid brainstorming on my part. at first I thought only eccentric rich people would continue to be on a board like this but someone pointed out to me that rich people have more to lose. maybe they'd have to be very eccentric. maybe this is all a big brain fart. sorry! [[User:Skm|Skm]] ([[User talk:Skm|talk]]) 11:30, 28 July 2015 (CDT)
::Yeah, speaking as a board member, I didn't realize I had extra liability until after the board member orientation. (ignorance on my part about corporations and boards, no one's fault). After all the discussion that happened after the board vote, I realized that if members decide to do soemthing and I can't bear the liability, that I have the freedom to quit. I'm not sure this is the best attitude for me to have -- this means that people who find risk acceptable have more privilege -- so it means people who are vulnerable will not be board members. I don't like it. I'm relatively privileged since I am a middle class person, but I have a chronic medical condition and so I need a steady income and a reliable source of insurance. People who are more vulnerable than me would have even more problems. If only white middle-class or upper-class people can deal with liability risks then we have a stupid space. ... this is all just stupid brainstorming on my part. at first I thought only eccentric rich people would continue to be on a board like this but someone pointed out to me that rich people have more to lose. maybe they'd have to be very eccentric. maybe this is all a big brain fart. sorry! [[User:Skm|Skm]] ([[User talk:Skm|talk]]) 11:30, 28 July 2015 (CDT)
Justin, what you posted was highly offensive. Suggesting that the Board is acting solely to save their own skin is completely fallacious. In the case of a lawsuit not covered by insurance where the directors are sued personally, the organization also gets sued and has to defend itself. If this bankrupts the directors, it also probably bankrupts the organization. The directors' desire to reduce the organization's exposure to uninsured liability is, first and foremost, an attempt to keep PS:One from being sued into bankruptcy. --[[User:Rdpierce|Rdpierce]] ([[User talk:Rdpierce|talk]]) 12:08, 28 July 2015 (CDT)