Word: naderism
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Merrill Lynch tech analyst Steven Milunovich recently suggested that cash-rich firms like Microsoft should begin paying dividends to shareholders. Then consumer advocate Ralph Nader wrote an open letter badgering Microsoft chairman Gates to do just that...
When Ralph Nader sees eye-to-eye with Merrill Lynch, something mighty weird is going on. For centuries, investors demanded cash dividends as current compensation for the risk of a future loss. But then, in the heat of the 1990s bull market, many managements, especially at tech firms, tried a new line: Don't ask us to pay cash dividends, because we can maximize your returns by reinvesting every penny in our growing businesses. And if you wait to take your profits as long-term capital gains, argued these managements, you'll pay less in taxes than you would...
...Nader R. Hasan ’02 is a government concentrator in Lowell House. His column appears on alternate Wednesdays...
...Nader R. Hasan ’02 is a senior in Lowell House concentrating in Government. He is pleased to have a third chance to serve as the Crimson’s Foreign Affairs columnist. His column will appear on alternate Wednesdays...
...candidates are controversial,” Ogletree said. “West has supported Bill Bradley and [Ralph] Nader in the past. So he is no stranger to supporting candidates considered outside the mainstream...