Word: ownership
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Some scholars say the music and movie companies are wrong to insist on strong ownership interests in copyright. "It doesn't have to be an either/or dichotomy," Professor Neil Netanel of UCLA's School of Law told TIME. "Why not look at copyright as the right to be paid, but not necessarily ownership of the work itself. You could establish a levy on equipment or some other fee that everyone pays that can go to compensate the authors or artists. But the authors (or other copyright holders) wouldn't have the right to keep you from sharing the work...
...insult to money - an insult to the value of money. No wonder the L.A. real estate market has a problem with hyperinflation: the mortgage industry is printing its own banknotes...All I know is this: there is only one conservative, sensible, educated strategy when it comes to home ownership in L.A.. I must buy immediately, while I can still make an easy profit...
...Administration's new plan to keep people in their homes by reducing what they have to pay for their mortgages each month actually has a similar effect on "ownership" although that may not be apparent at first. (See pictures of renting a modernist home...
...that will give the Chinese company, which already owns 9% of Rio, a share of some of the mining firm's most valuable mines. The remainder of the cash injection will go into bonds that can eventually be converted into an equity stake, which would double Chinalco's overall ownership position in Rio. The $19.5 billion deal amounts to the largest foreign investment any company in China has ever made. Two days ago, another state-owned firm, China Minmetals, said it would pay $1.7 billion in cash for Oz Minerals ltd., the world's second largest zinc miner...
...Bank ownership becomes more complex when a firm owned by the government does something materially different from what its competitors in the private sector do. If bank owned by the government offers business loans at 3% interest, what does a foreign-based public bank like DeutscheBank do to match that? A government-owned bank can be driven, at least short-term, by policy and not profits. That puts financial firms in the private sector in peril whenever they try to compete. The relationship between a national U.S. bank and private banks both inside and outside the U.S. causes a series...