Monthly Archives: February 2013
Prof. M., diagramming a business deal on the board: “…zone president. I’ll give him a crown. That’s really more of a zone king. How should I draw a president? Maybe a drone. That’s probably not a good idea. If I draw a drone, it’ll end up looking like a cigar.” Smartarse student: “Wrong President.”
“…for imposing Texas on us without our Consent…”
RE: Smith v. Van Gorkom, 488 A.2d 858 (Del. 1985). The Court held that the Board of Directors’ reliance upon Chairman Van Gorkom’s summary of a report which he himself had not read was not reasonable. Smartarse student: “It worked for Obamacare. We had to pass it to see what was in it.”
When we order a Manhattan, and the bartender asks if we’d prefer Dewar’s or the Macallan, we shall take that as a Highly Reliable Sign….
“Statists gonna state.” (h/t to Sigivald, posting at Oleg’s place)
“…signing a negotiable instrument is probably better than holding up a liquor store, or other forms of armed robbery.” –Prof. Harrall
…and his Kermit: