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Government sponsored enterprises

…preservation and job creation are private, not public, financial gains. The proposition is preposterous and relies upon the sleight of hand that only company and shareholder profits count as “profits”—a…

Some People Call Me Mau-rice

…area was expanding too quickly. Maurice Greenberg remained, iirc, the largest shareholder of AIG even after his ouster. In his frequent interviews, he made no secret that he was in…

The Class war summed up in quotes

…is murder, on a mass scale. Only on Wall Street, they call it maximizing shareholder value, and they call it legal. And they substitute dollar bills where a conscience should…

Greg Mankiw’s anti-tax arguments

…into consideration the relationship between corporate taxation and shareholder taxation. And what about the incidence of corporate tax? Is it passed on in full to shareholders, as Mankiw presumes? That’s…

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,…