Hostile Takeovers: Hearings Before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundredth Congress, First Session, on the Examination of the Need for Reform of the Procedures and Practices of Insider Trading, Financing of Hostile Takeovers, and Their Effects on the Economy and International Competitiveness, January 28, March 4, and April 8, 1987, Volume 4
U.S. Government Printing Office, 1987 - Consolidation and merger of corporations - 934 pages
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Page 505 - System shall, prior to the effective date of this section and from time to time thereafter, prescribe rules and regulations with respect to the amount of credit that may be initially extended and subsequently maintained on any security...
Page 446 - Corporations are creatures of state law, and investors commit their funds to corporate directors on the understanding that, except where federal law expressly requires certain responsibilities of directors with respect to stockholders, state law will govern the internal affairs of the corporation.
Page 541 - The views expressed in this article do not necessarily represent those of the SEC or any of its members or employees.
Page 214 - Speculators may do no harm as bubbles on a steady stream of enterprise. But the position is serious when enterprise becomes the bubble on a whirlpool of speculation. When the capital development of a country becomes a byproduct of the activities of a casino, the job is likely to be ill-done.
Page 449 - It is one of the happy incidents of the federal system that a single courageous state may, if its citizens choose, serve as a laboratory; and try novel social and economic experiments without risk to the rest of the country.
Page 643 - It is what capitalism consists in and what every capitalist concern has got to live in.
Page 449 - No principle of corporation law and practice is more firmly established than a State's authority to regulate domestic corporations, including the authority to define the voting rights of shareholders.
Page 717 - ... of the most reputable of bankers, investment bankers, brokers, and free-lance financial geniuses. Nor is the reason far to seek. Nothing so gives the illusion of intelligence as personal association with large sums of money.