"Israeli Submarine "Scandal"" Topic
3 Posts
All members in good standing are free to post here. Opinions expressed here are solely those of the posters, and have not been cleared with nor are they endorsed by The Miniatures Page.
Please be courteous toward your fellow TMP members.
For more information, see the TMP FAQ.
Back to the Ultramodern Warfare (2014-present) Message Board
Areas of InterestModern
Featured Hobby News Article
Featured Recent Link
Featured Ruleset
Featured Profile ArticleThe gates of Old Jerusalem offer a wide variety of scenario possibilities.
Current Poll
Featured Book Review
|
15mm and 28mm Fanatik | 07 Dec 2016 8:10 a.m. PST |
And they're saying our prez-elect has conflicts of interests. Is a 4.5% stake really a big deal or is it much ado about nothing? link |
Red Jacket | 07 Dec 2016 10:08 a.m. PST |
I seem to recall from that the US Securities and Exchange Act considers 5% ownership in a public company as constituting sufficient control to require reporting the ownership stake to the SEC. The Jones Act, which regulates ownership of US flagged vessels operating between US ports requires 75% ownership by US citizens, so 25% foreign ownership would be okay. So, considering the size of the corporation, 4.5% ownership is probably a big deal. Think about owning 4.5% of Ford, that would sure get you a seat on the board of directors. |
Lion in the Stars | 07 Dec 2016 11:59 a.m. PST |
Yeah, 4.5% of Ford shares sure would get you a position on the board, as that's more than either William C. Ford or Edsel B Ford owns! |
|