``Koch's money strings at FSU [Florida State Uni.] pales in comparison to the $30 million the Koch foundations have pumped into George Mason University's (GMU) economics programs. Much of the details concerning how much control Charles Koch has at GMU nonprofits remains a tightly guarded secret. Both FSU and GMU are publicly funded institutions.
So what we have at Cato today is essentially the same illusion of fair dealings behind a dark curtain of control based on secret contracts. Cato has over $52 million in assets, according to its 2010 tax filing with the IRS. The Koch brothers, if the court rules in their favor, could spend $16.00 to acquire 16 shares of stock for $1 each from Niskanen's widow, and end up controlling $52 million in assets. That's not so much a hostile takeover as it is the most adept arbitrage maneuver in history.''
The above is the closing paragraph but the rest of the article is worth going through if anybody is interested. The main point is to realize the K boys buy economics dept. faculty appointments at FSU and GMU to keep their version of neoliberalism in place. I guess it's not much different than the Haas family buying UCB a business school, called naturally enough The Haas School.
Now doesn't that little web ad give you the creeps.
CG