Season 2, Episode 3: Casey Michel: American Kleptocracy
Book Club with Jeffrey Sachs
00:00
Corporate Law in the United States Is Overwhelmingly at the State Level
Corporate law in the united states is overwhelmingly at the state level. That's why delaware, again, one of the smallest states in the union, has been able to create this empire of anonymity for itself. The federal government can hem and haw, they can certainly pressure. But at the end of the day, those corporate rights, those corporate responsibilities are at the statelevel.
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