“...very much representative of the undercover donor class.”
February 8, 2019 9:32 AM Subscribe
“Ricketts doesn’t appear to believe American laws should inconvenience him, or that his actions should be of interest to anyone but himself. In emails to friends and associates he has centered his needs as a businessman, denigrating the “welfare society,” regulation, and taxation. When the IRS comes knocking, he serves them warm bison and mediates an agreeable deal; when his employees vote to unionize, he shutters the business the next week; when one of his smaller personal enterprises hires too many employees, he shuffles them around to avoid federal discrimination laws. Even the prospect of establishing a “family bank” for the personal use of his dynasty was scrapped when Ricketts discovered the entity might be subject to oversight from the SEC.” How To Get Filthy Rich In America Without Anyone Knowing Your Name (Splinter) part of the series The Billionare’s Inbox, presenting the ambitious but secretive Ricketts family in their own emails.