Takeovers and the illegal * administration

[Skidmore]

This question is directed more toward those DU member who are either moguls, business lawyers and/or professors, business instructors/professors, MBAs, etc..

Here goes:

How much does this takeover by the * and his supporters resemble a hostile takeover of a corporation? I ask this because the Rs find a goodly portion of their constituency in business. I guess what I'm angling for is whether there is something about the way this was accomplished that fits a business model and how it can be used to turn the tables--if we would want to use that type of thinking.

[sweetheart]

1. plutocratic means

A hostile takeover, is nothing more than someone with a lotta
money buying a controlling stake in a publically traded company.
Once a certain limit is reached in a shareholding, the bidder must
make a tender offer for ALL the shares. If you search the web about
Oracle and Peoplesoft, you'll see this happening in practice.

As much as the party with the most money is able to buy what they
want, it is exactly like US elections.... however, shareholding
is much more sacred than voting, and all shareholder votes ARE
counted. By that alone, i find the similarity rather slim, but it
all falls under plutocracy... which is in contrast to the
concept of a constitutional democratic republic.

[sui generis]

2. there are some parallels

but as in an acquisition of a large voting block, a board seat, or an unregulated purchase of interest in subsidiary companies such as private equity leveraged investments, the Bush administration has succeeded in changing the rules to make it happen and then closing the door behind them.

There are a few things that could kill a deal like that:

1. flight of expertise -- hiring away the guys who know what's going on and leaving relative greenhorns or unrealistic idiots in their place.

2. shareholder revolt

3. employee strike

4. bad economic news, causing the value of the investment to drop or the creditor ratings to drop, leading to creditor higher interest rates and lower profits, and a sell-off.

Eventually, a company like that would be broken back up into its parts and sold off one piece at a time.