Bankruptcy for Corporations vs. Individuals, Statistics of Corporations Pushing and Pulling Legislation, and Public Policy Shaped by Corporations Not the Public

Corporations can claim bankruptcy to reorganize debt and protect assets but individuals cannot. Researches at Princeton and Northwestern University concluded that between 1982 - 2002, of corporations or wealthy individuals wanted a law passed, regardless of political party affiliation, the law wanted would pass 60% of the time. In contrast to this, if corporations and wealthy individuals wanted to ensure a law didn’t pass, 100% of the time the law doesn’t pass. Laws that nearly none of the gener...

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