tag:blogger.com,1999:blog-3758330678390419129.post3348614983571060686..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Billionaire Koch Brothers Sic Super Lawyer on WidowRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-3758330678390419129.post-27684564251356112832012-03-05T19:58:43.038-05:002012-03-05T19:58:43.038-05:00I tend to think the question of prior infighting a...I tend to think the question of prior infighting and mishandling of shares will simply be used to illustrate the improper purpose, and then to determine how much further back the IRS should look when ringing up the tax bill after disregarding their 501c3 status. I mean really. Two of three shareholders, related by blood, who by agreement must elect each other to the Board, and who control half Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-21578341325370558792012-03-03T15:53:03.641-05:002012-03-03T15:53:03.641-05:00Cato's performance profile has changed slowly ...Cato's performance profile has changed slowly since Crane and the Koch's had their falling out. Since then, Cato has started to publish on monetary policy, to talk about the gold standard (prior to that, the last paper, if I recall correctly, was published in 1988), and they have even had Ron Paul speak at a couple of events. There is every reason to suspect that Cato finally came to Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-75342324369801734662012-03-02T10:40:42.407-05:002012-03-02T10:40:42.407-05:00We got anyone who could file an Amicus brief makin...We got anyone who could file an Amicus brief making the case that yes the original shareholder's agreement is intact, but that means to resolve what to do with Niskanen's shares also means you have to resolve the lingering matter of Rothbard's shares. The question then would be whether those shares can transfer to the executors of Rothbard AND Niskanen's estates.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-47867005050921514942012-03-02T08:35:49.737-05:002012-03-02T08:35:49.737-05:00Haha, wouldn't it be brilliant if the court re...Haha, wouldn't it be brilliant if the court reinstated Murray's share thus granting them to Rockwell as the executor of his estate!<br /><br />One can dream...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-34185604492147792692012-03-02T00:18:42.088-05:002012-03-02T00:18:42.088-05:00I may actually have to root for Koch on this one. ...I may actually have to root for Koch on this one. Based on Rothbard's account it sounds like Crane was the instigator of the dispute that led to seizing Rothbard's shares, then Koch sided with Crane giving him the majority. That doesn't exonerate Koch any, but it does quite literally turn this into a case of reaping what you sow for Crane.<br /><br />In either case Cato is the poster Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-5814607800081964622012-03-01T21:20:39.883-05:002012-03-01T21:20:39.883-05:00As with you, I was also very curious about the sag...As with you, I was also very curious about the saga of Rothbard's shares in Cato. As a corporate attorney myself, It was fascinating to see his signature as a stockholder in the 1977 stockholder agreement. <br /><br />There is a provision in the agreement that provides that a majority can forcibly buy the shares of a single holder for the price that holder paid. I imagine this is the Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-1800160536532496832012-03-01T21:11:39.765-05:002012-03-01T21:11:39.765-05:00"The billionaire Koch brothers, David and Cha..."The billionaire Koch brothers, David and Charles, have hired super lawyer Daniel Crabtree to sue the widow of William Niskanen, Kathyrn Washburn."<br /><br />That sure does make the Koch bros out to be no good low down s.o.b's. <br />I knew they were bad, but this,... yeesh.Anonymousnoreply@blogger.com