I had some of the students in my finance class actually do some empirical work on capital structures to see if we could find any obvious patterns in the data but we couldn't see any.
We were told this war would be over in a matter of weeks and that the Iraqis would be able to finance it with oil sales. We were promised it was not a mission of nation building.
Next Article
In fact corporate and union moneys go overwhelmingly to incumbents so limiting that money as Congress did in the campaign finance law may be the single most self-denying thing that Congress has ever done.
