June 25, 2008

Kaiser Rules

I've seen a couple of reports that say our illustrious mayor, Kat Taylor, is prepared to hand over a large sum of taxpayer money to BOk Financial. Michael Bates has a post up about the deal.

I haven't seen the name George Kaiser mentioned, however. He's the $11 billion man, according to Forbes. And he, make no mistake about it, is in total control of BOk. The company is a public corporation, but George owns two-thirds of the stock. George says, and that's the law at BOk. It doesn't matter what the board thinks; it doesn't matter what other shareholders think.

Just thought I'd make that point.


Posted 3 months, 2 days ago on June 25, 2008

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