An economic method that had other companies assigns their stocks to the board of trust who would manage them. This made the head of the board, or the corporate leader wealthy, and at the same time killed off competitors not in the trust. This method was used/developed by Rockefeller, and helped him become extremely wealthy. It was also used in creating monopolies.
trusts~apex
trusts~apex
The Killam Trusts was created in 1965.
The Wildlife Trusts was created in 1912.
he viewed the trusts and corporations as enemies of working class. He fiercely opposed the trusts.
Henry William Macrosty has written: 'Die englische Fabrikgesetzgebung in den Jahren 1878-1901' -- subject(s): Industrial organization 'State control of trusts' -- subject(s): Industrial policy, Trusts, Industrial, Industrial Trusts 'The trust movement in British industry' -- subject(s): Industrial Trusts, Industries, Trusts, Industrial, Commerce and industries 'Trusts and the state' -- subject(s): Competition, Industrial Trusts, Trusts, Industrial
That trusts were legal in other countries
The term "Asset Protection Trusts" refers to trusts that are to provide funds that are held on a discretionary basis. These trusts are usually set up to avoid taxation and bankruptcy.
"good trusts" - ones that consolidate industries to be internationally competitive, or offer good prices "bad trusts" - ones that reduce competition and drive up prices
Robert Liefmann has written: 'Wirtschaftstheorie und wirtschaftsbeschreibung' -- subject(s): Economics 'Cartels, concerns and trusts' -- subject(s): Trusts, Industrial, Cartels, Industrial Trusts 'International cartels, combines and trusts' -- subject(s): Trusts, Industrial, Industrial Trusts 'Inlandskapital, Auslandskapital, Kriegstribute' -- subject(s): Finance, Capital
Trusts cut prices to drive competitors out of business.
Trusts