Please read this Informative piece about lack of corporate accountability and shareholder approval of corporate political expenditures. The article highlights the RGA but discusses the bipartisan appeal of legalized extortion: They know that the big pools of cash in corporate treasuries make an irresistible target for politicians, who understand that executives have little ability and no incentive to say no when those politicians come calling for a chunk of “other people’s money,” as Justice Brandeis called it.
Posted on: Fri, 16 Jan 2015 19:02:34 +0000
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