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Every stockholder in a bank is made individually liable to the amount of his stock at its par value in addition to the said stock.
In the final analysis, it is the consumer and the stockholder who hold businesses accountable.
Therefore, no further stockholder action needs to be taken.
The statement of stockholder's equity lets investors view the decisions owners make about the investment in their own company.
Even talks of a merger with GM's major stockholder, Cerberus Capital, ended with no agreement.