Delaware's effort to update its corporate law is a corrupt move designed to grant CEOs excessive power over shareholders and independent boards.
“the Delaware is using a a very rushed and unusual process to completely upend its corporate law in order to uh help out Elon Musk and Tesla and Mark Zuckerberg and Meta. And I don't just mean because they're connected to their companies. It's particular about giving CEOs, you know, and and heads of ”
Breaking Points · Mar 2025 · 1 episode · 125K views on this topicDelaware's proposed corporate law changes prioritize the interests of a few tech oligarchs over the stability and reputation of the state's judicial system.
“what scares me as a Delaware legislator is passing a bill like this that is obviously written to benefit a rich few. It it really attacks that reputation and it makes it seem like Delaware is a state now where our laws are written by the highest bidder.”
Breaking Points · Mar 2025 · 1 episode · 125K views on this topicExtracted by a model; may misattribute who said what.