Re: The heart of the matter: extradition
I think Nate is half right. I think the execs of publicly traded companies have much higher profiles than those of private companies. For starters US authorities may not even know who the benficial owners of private companies are. No,
execs and directors of these companies are not afraid of extradition per se but rather of the inability of travelling or returning to the US. This is a tremendous handicap if you are a high powered exec. Fear of prosecution, sealed indictments in Louisiana for example are causing great anxiety for these guys. Besides the world is a big place and downstream they can make up much of the US hit. I think alot of US players will find ways around this law and plenty of operators, some dubious, will be willing to take the risk.
The Republicans Party is looking for a few good boys.
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