919 - Abruendance Agenda feat. Madinah Wilson-Anton & Matt Bruenig (3/24/25)
Chapo Trap House
Delaware's Corporate Governance Debate
This chapter examines proposed changes to Delaware's corporate governance, driven by tech industry leaders, and the potential repercussions on the state's economy and corporate accountability. It highlights concerns about the diminishing oversight of Delaware's Court of Chancery and the implications for large investors, particularly through a notable case involving Elon Musk. The discussion also raises alarm about the shift towards prioritizing corporate interests, the erosion of shareholder rights, and the competition among states to attract businesses by reducing regulatory oversight.
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