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It's not an either-or question. The US has similar style tax-avoidance structures that may sponsor a little-league team or classical music concert to maintain t
by rsj_hn 5y ago
It's not an either-or question. The US has similar style tax-avoidance structures that may sponsor a little-league team or classical music concert to maintain their public image. And Europe has their own corporate raiders -- did you follow the latest drama between Porsche and VW? That failed takeover bid forced out the Porsche CEO but at least he had a $200M golden parachute.
- realityking 5y agoCalling it “the latest drama” might be accurate (I don’t think there’s more recent drama) but it obscures the fact that this particular drama was resolved 12 years ago with VW buying Porsche and the Porsche shareholders becoming the largest VW shareholders.