Abstract

http://ssrn.com/abstract=1348256
 
 

Footnotes (4)



 


 



The U.S. Government as Control Shareholder of the Financial and Automotive Sector: Implications and Analysis


J. W. Verret


George Mason University School of Law

February 23, 2009

George Mason Law & Economics Research Paper No. 09-13

Abstract:     
This essay considers the implications of Treasury holding common equity in banks participating in the federal government's bailout under the TARP program. The federal government's position as the dominant shareholder in the financial services and automotive sectors requires careful consideration of its shareholder rights. Governments are a very unique brand of shareholder. Without careful consideration and advance planning for how those shareholder rights and responsibilities will be managed, the unintended consequences to capital markets could be dramatic.

Number of Pages in PDF File: 6

Keywords: AIG, Bank of America, Bank of New York, Chrysler, Citigroup, GMAC, General Motors, Goldman Sachs, JP Morgan Chase, Merrill Lynch, Morgan Stanley, Proxy Access Rule, SEC, State Street, Wells Fargo

JEL Classification: K22

working papers series





Download This Paper

Date posted: February 26, 2009 ; Last revised: March 3, 2009

Suggested Citation

Verret, J. W., The U.S. Government as Control Shareholder of the Financial and Automotive Sector: Implications and Analysis (February 23, 2009). George Mason Law & Economics Research Paper No. 09-13. Available at SSRN: http://ssrn.com/abstract=1348256 or http://dx.doi.org/10.2139/ssrn.1348256

Contact Information

J. W. Verret (Contact Author)
George Mason University School of Law ( email )
3301 Fairfax Drive
Arlington, VA 22201
United States
Feedback to SSRN


Paper statistics
Abstract Views: 1,869
Downloads: 476
Download Rank: 33,437
Footnotes:  4
Paper comments
No comments have been made on this paper

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo5 in 0.312 seconds