Alan Greenberg, often known as Ace, died recently. He had been the chairman of Bear, Stearns and was known for his dictates to his employees. One of the most famous was the Ace Greenberg Paper Clip memo, in which he ruled that paper clips should not be thrown away. Each employee received one box of… [Read More]
Blog
Category: Political Discourse
Taxes and where to live
I’ve said it before: if rich people really hate taxes so much, why are they all living in Kenilworth and Lake Forest? The University of Illlinois at Urbana-Champaign recently released data on the destinations of their engineering and computer science graduates. Of those graduating in 2012-2013, 34.5% moved to the Chicago area, 14.4% moved to… [Read More]
Corporations, government, Hobby Lobby, and socially responsible investing, part 3
This is Part 3 in a series. Part 1 looked at corporate structure and Part 2 looked at problems with sports teams. Part 3 is about how all this affects investors, especially those who are trying to be socially responsible. Now, social investing is a really broad topic. It is investing in a way that reflects… [Read More]
Corporations, government, Hobby Lobby, and socially responsible investing, part 2
Part 1 of this series looked at Burwell v. Hobby Lobby and the issue of corporate personhood. This is Part 2, looking at the poor sports of the corporate world: professional sports teams and leagues. So far this year, we’ve seen an Olympic ghost town created at Sochi, Russia; the NBA order Donald Sterling to… [Read More]
Corporations, government, Hobby Lobby, and socially responsible investing, part 1
There are about 50 million corporate governance issues in the news right now. It’s too much for one blog post! So there will be three. First, the Hobby Lobby decision and corporate structure. Second, the quasi-public nature of professional sports. And third, what investors should consider about socially responsible investing. First: Hobby Lobby and corporate… [Read More]
