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Koch Brothers, Worth $50 Billion, Sue Widow Over $16.00 of Nonprofit’s Stock
Bond, James Bond
Licensed to kill
User ID: 007
03-06-2012 04:28 AM

 



Post: #1
Koch Brothers, Worth $50 Billion, Sue Widow Over $16.00 of Nonprofit’s Stock
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http://www.counterpunch.org/2012/03/05/k...fits-stock

Quote:With the Koch brothers, it’s all about control. They reign over the largest private oil company in the U.S. with estimated revenues of $100 billion. They wield power over a sprawling network of nonprofit front groups with unbridled influence over everything from the Tea Party to economics professors at publicly funded universities. Forbes lists their personal wealth as $25 billion each. They own mansions in the toniest towns in America. And last week, in a decidedly Scrooge-esque maneuver, they filed a lawsuit against a widow who lost her husband to a stroke a mere four months ago over stock she inherited in the Cato Institute worth a measly $16.00.

The lawsuit, filed in the District Court of Johnson County, Kansas (the State where Cato was incorporated and home to Charles Koch) has opened up a nasty can of worms. Unknown to the public at large, the Cato Institute, a stronghold of free market, libertarian writers and speakers, has been privately owned by a handful of men for 35 years, notwithstanding its receipt of hundreds of millions of dollars in donations — which the wealthiest 1 percent have used as tax deductions to lower their tax tab to Uncle Sam; in itself a neat maneuver to shrink government.
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Bond, James Bond
Licensed to kill
User ID: 007
03-06-2012 04:29 AM

 



Post: #2
RE: Koch Brothers, Worth $50 Billion, Sue Widow Over $16.00 of Nonprofit’s Stock
link didn't show up for me

here it is: h ttp://www.counterpunch.org/2012/03/05/koch-brothers-worth-50-billion-sue-widow-over-16-00-of-nonprofits-stock/?utm_source=rss&utm_medium=rss&utm_campaign=koch-brothers-worth-50-billion-sue-widow-over-16-00-of-nonprofits-stock
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Sunny
Registered User
User ID: 82107
03-06-2012 04:31 AM

Posts: 17,034



Post: #3
RE: Koch Brothers, Worth $50 Billion, Sue Widow Over $16.00 of Nonprofit’s Stock
The things I'd wish I could do to people like that. Iqbsngdi
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LoP Guest
lop guest
User ID: 62850
03-06-2012 04:31 AM

 



Post: #4
RE: Koch Brothers, Worth $50 Billion, Sue Widow Over $16.00 of Nonprofit’s Stock
Bond, James Bond  Wrote: (03-06-2012 04:28 AM)
http://www.counterpunch.org/2012/03/05/k...fits-stock

Quote:With the Koch brothers, it’s all about control. They reign over the largest private oil company in the U.S. with estimated revenues of $100 billion. They wield power over a sprawling network of nonprofit front groups with unbridled influence over everything from the Tea Party to economics professors at publicly funded universities. Forbes lists their personal wealth as $25 billion each. They own mansions in the toniest towns in America. And last week, in a decidedly Scrooge-esque maneuver, they filed a lawsuit against a widow who lost her husband to a stroke a mere four months ago over stock she inherited in the Cato Institute worth a measly $16.00.

The lawsuit, filed in the District Court of Johnson County, Kansas (the State where Cato was incorporated and home to Charles Koch) has opened up a nasty can of worms. Unknown to the public at large, the Cato Institute, a stronghold of free market, libertarian writers and speakers, has been privately owned by a handful of men for 35 years, notwithstanding its receipt of hundreds of millions of dollars in donations — which the wealthiest 1 percent have used as tax deductions to lower their tax tab to Uncle Sam; in itself a neat maneuver to shrink government.

Because it's probably not worth 16 bucks with all the payola those f**kers get. That's probably the par value.
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LoP Guest
lop guest
User ID: 54514
03-06-2012 04:37 AM

 



Post: #5
RE: Koch Brothers, Worth $50 Billion, Sue Widow Over $16.00 of Nonprofit’s Stock
Jews keep pushing, want annihilation.
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