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Proxy access is a killer idea? For whom?

…make it easier for shareholders to nominate corporate board members. The other would raise taxes on multinational corporations. The rhetoric accompanying the tax proposals has been particularly harsh, Castellani said,…

Stock Market PE

…spread is the single most important variable driving corporate profit margins and implies that you should expect major positive earnings surprises. In addition, corporate profits are very much a function…

More on freshwater economics

…downturns from “irrational exurberance”, “casino-like behavior aimed at capturing high short-term gains” which substitutes for “sober, sound, long-term business investment supporting long-term corporate growth and survival.” Part of the reason…

Minimum Wage: the Jimmy the Stock Boy Fallacy

…like Corporate Express that Jimmy would be on his ass on the pavement in an instant. These appeals in economic guise are simply attempts to appeal to liberal guilt and…

Economics of contempt on CDS

…comes to the corporate bond market, it’s actually legitimate.) Corporate bonds are generally illiquid instruments, making them very difficult to price accurately. The CDS market is extremely liquid, and has…

Working class

…reports on yet another way corporate America has found to screw the wage slaves among us. As the Journal explains, companies are using our pension funds to finance lavish executive…