Re:What the Fluck
by arca_vorago on Friday December 06, 2013 @11:26AM
(#6861846)
"What changed and why don't we have a Rockefeller equivalent today?"
We do, and quite a few of them, but through legal trickery and slight of hand they have learned how to compartmentalize, hide, and remove themselves from, their vast amounts of wealth. Through the use of corporations, trusts, estates, and other things, largely for tax purposes but also for other reasons, the kinds of people on the boards and the people behind them of The 147 (http://arxiv.org/PS_cache/arxiv/pdf/1107/1107.5728v2.pdf) do this all the time.
We do, and quite a few of them, but through legal trickery and slight of hand they have learned how to compartmentalize, hide, and remove themselves from, their vast amounts of wealth. Through the use of corporations, trusts, estates, and other things, largely for tax purposes but also for other reasons, the kinds of people on the boards and the people behind them of The 147 (http://arxiv.org/PS_cache/arxiv/pdf/1107/1107.5728v2.pdf) do this all the time.