Thanks again to Eugene and the rest of the folks in the Volokh community for the opportunity to discuss Treasury Inc.: How the Bailout Reshapes Corporate Theory and Practice. I have had a lot of fun this week. If you enjoyed these topics, look for the rest of the Treasury Inc. series next year, and […]
Author Archive | J.W. Verret, guest-blogging
Treasury Inc.: The Shadow National Debt
It has been a rare opportunity to share with this forum my new paper, Treasury Inc.: How the Bailout Reshapes Corporate Theory and Practice, forthcoming with the Yale Journal on Regulation and available here. This week we have enjoyed a rigorous discussion about the implications of the government as a shareholder in the financial services and […]
Treasury Inc. cont’d: Does Citi make cheaper loans in Battleground States?
We have been discussing my new paper, Treasury Inc.: How the Bailout Reshapes Corporate Theory and Practice, which you can download here. In my last post I made the case that the government is a control shareholder in many of the banks and automotive companies that accepted TARP bailout cash. So why does that matter? […]
Treasury Inc.: Is the Government a Controlling Shareholder?
In my last post I opened a discussion about my new paper, Treasury Inc.: How the Bailout Reshapes Corporate Theory and Practice, which you can download here. My thesis is that corporate law and theory goes haywire when the government, while enjoying sovereign immunity protection from corporate and securities law, takes control of a company […]
Treasury Incorporated
As a longtime fan of The Volokh Conspiracy, it’s a particular honor to join you today. I admit spending much class time in law school surfing Volokh rather than taking notes, and it was often a wiser investment (not true for my students of course). The financial crisis has made it an exciting time to […]