The City Club of Cleveland
850 Euclid Ave., Second Floor
Cleveland, OH 44115
- Prof. J.W. Verret, George Mason University School of Law
In the past two years, in an effort to blunt the effects of the recession, the federal government has spent hundreds of billions of dollars "bailing out" some of the nation's largest banks, automotive manufacturers, insurers, and other institutions. The government's "bail out" packages frequently involve the Treasury Department accepting stock or other equity positions in the bailed-out companies in exchange for the infusion of "bail out" cash. In some cases, such as General Motors, the government even becomes the majority shareholder. How might the government-which enjoys immunity from most corporate and securities laws-exercise shareholder voting power differently than private shareholders? How will these changes affect our understanding of such diverse corporate governance issues as insider trading, securities class actions, and corporate fiduciary duties? Professor J.W. Verret will explore these issues and more.
COST: $14.00 (Includes Buffet Lunch)
Application For 1.0 Hour of CLE Pending