Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/profit sharing

The Credit Rating Game

…decide that they are excessive. A credit rating agency profit margin which seems excessive to investors’ profit margin seems unreasonable to investors makes it unnecessary for credit issuers to obtain…

My early take on the ACA-contraception-mandate-case argument: Alito conflates the Securities Exchange Act with state-law corporate-structure statutes (yikes); Kennedy really, really wants to give corporations the full complement of human constitutional rights; and Scalia really, really needs to limit this ruling to an interpretation of the Religious Freedom Restoration Act.

…Securities Exchange Act does (I believe; that’s not my area of expertise) require for-profit corporations to try to maximize profits–albeit not to the exclusion of all else–but the purpose of…