Exploring the issue of foreign ownership of corporate America, a leading economist and the president of the steel producer, Esmark, revisit the sale of that company to a Russian firm.
Is it a good idea to allow foreigners to purchase critical and strategic American assets? No, say authors James Koch and Craig Bouchard. In America for Sale: How the Foreign Pack Circled and Devoured Esmark, Koch and Bouchard use the sale of Esmarkāa transaction that put over 50 percent of American steel production into foreign handsāto make the case that this trend presents a clear and present danger to the economic future of United States of America.
America for Sale recaps the amazing, sometimes incredible events leading up to the sale of Esmark, including intense pressure from the United Steelworkers and the company's major public shareholder to make a decision not in the best interest of all shareholders. It also analyzes the efforts by the Esmark board of directors to observe its fiduciary duty, details the company's "poison pill" effort to raise its sales price, and describes the actions of Leo Gerard and Ron Bloom of the United Steelworkers Unionāwhich led to some surprising alliances. The authorsāone Esmark's president and vice chairman of the board, the other an Esmark director, preeminent American economist, and former university presidentāthen provide their own assessment of the Esmark story. They offer legislative and policy prescriptions aimed at making sure U.S. business doesn't devolve into one big garage sale to foreigners seeking to take advantage of the coming decline of the U.S. dollar.
eBook - PDF
America for Sale
How the Foreign Pack Circled and Devoured Esmark
- 223 pages
- English
- PDF
- Available on iOS & Android
eBook - PDF
Table of contents
- Cover
- Title
- Copyright
- Contents
- Preface
- Acknowledgments
- Chapter 1. America for Sale?
- Chapter 2. I Want EurosāYou Can Keep Your Dollars
- Chapter 3. Can It (Will It) Happen to Me?
- Chapter 4. All That Is Made of Steel Is Not Unbreakable
- Chapter 5. Esmark on the Attack
- Chapter 6. Hunted by the Pack
- Chapter 7. Winners and Losers
- Chapter 8. If We Were Running This Country,Weādā¦
- Notes
- Index
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Yes, you can access America for Sale by Craig T. Bouchard,James V. Koch in PDF and/or ePUB format, as well as other popular books in Business & Business History. We have over 1.5 million books available in our catalogue for you to explore.