” Nader, an Adversary of Capitalism, Now Fights as an Investor”

Mr. Nader said he saw his shareholder rights activity as a natural extension of his work. Right now, “it is very hard to find entry points” to influence corporate America, he said, because “deregulation is rampant” and access to the courts has declined as shareholder suits have been limited and the courts have increasingly endorsed the ability of corporations to push consumers into arbitration. Adding to that, “congressional oversight is weak,” he said, and “prosecution budgets are very low.”

NY Times Dealbook article:

http://nyti.ms/1hVZAp9

Leave a Reply