The Legal Gift that Keeps on Grifting
'Tis the season for giving, and major corporations are currently doling out millions, if not billions, of dollars in year-end gifts. But the greatest gift that a corporation can bestow on shareholders is legal: By securing a new corporate charter, corporations can give their investors everything on their wish lists.
https://prosyn.org/YRhNPqh
NEW YORK – The Christmas shopping season is upon us. Whether one is a believer or not, it is almost impossible to resist the lure to shop and give gifts at this time of the year. But the biggest gift givers are inanimate creatures without any capacity to believe anything. I am referring not to artificial intelligence but to the legal persons known as ordinary corporations.