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Resource ID: #17424
Subject: Politicians
Source: The Street.Com (New York)
Date: Sept. 14



The Street.Com describes "a pattern of legal conflict between famed Reagan administration economist Arthur Laffer and several small companies that appointed Laffer to their boards of directors." The story explains "the way Laffer ... has offered to sit on the boards of start-up and dot-com companies in return for shares in the companies stock," but often "the arrangements ended badly with Laffer leaving the boards or being forced out..." The reporter reveals Laffer's demands for new management at the companies that appointed him to their boards, and his penchant for filing lawsuits.

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