Interesting. LBO's [not Doug's] might be more relevant to that
category than securitization.

On Tue, Mar 29, 2011 at 8:42 PM, Lakshmi Rhone <[email protected]> wrote:
> I just began reading for the second time after many years Hilferding's
> Finance Capital. He referred to promoters' profit as an economic category
> sui generis, and I am wondering whether the financial profits made from
> contemporary forms of securitzation could be understood as such promoters'
> profit. Oh well, I have to summon the energy to make my way through this
> difficult book, but who knows in what ways it may end up speaking to the
> present?
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Michael Perelman
Economics Department
California State University
Chico, CA
95929

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