But essentially all they're doing is holding onto ten $10 bills instead of a hundred $1 bills. Sure, it takes up less room in your wallet, but why does anyone care? If they just had one stock class and kept 50% of the shares behind closed doors, no one would care, right? But people seem to be up in arms just because they have a different denomination. Which raises two inverse questions. First, why do people care? It's not as if they were going to sell more than 49% of the shares regardless of how they're distributed. Second, if they knew it was going to cause this backlash, why would they bother? It's not as if they actually need to save space in their wallets.
_________________________
Bitt Faulk