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Thanks to Milton Friedman, I heard. Was the US corporate law the same before the 70-80s? So how would you convince hardcore shareholders to relax their positions? Or defeat them?
by das monde on Thu Nov 14th, 2013 at 04:34:38 AM EST
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I'm fuzzy on the process: i'm not sure if it was judicial activism or legal changes.

You change the law so that directors can't be held hostage by possible shareholder action or use it as an excuse. And you regulate more. And change the tax laws where they're unfairly being taken advantage of.

by Colman (colman at eurotrib.com) on Thu Nov 14th, 2013 at 04:44:10 AM EST
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But first we get TPP, TTIP...
by das monde on Thu Nov 14th, 2013 at 12:23:41 PM EST
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Which on the political side, are comparable to environmental disaster. Why shouldn't we throw accountability out the window, to be decided by the next round of corporate courts?

"Life shrinks or expands in proportion to one's courage." - Anaïs Nin
by Crazy Horse on Fri Nov 15th, 2013 at 12:06:43 AM EST
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