The practice of interlocking directors is the practice of many evils.
It offends laws, both human and divine.
Applied to rival corporations, it tends to the suppression of competition ...
applied to corporations which deal with each other, it tends to disloyalty
and violation of the fundamental law that no man can serve two masters.
In either event, it tends to inefficiency for it removes incentives and destroys soundness of judgment.
It is undemocratic for it rejects the platform:
A fair field and no favors- substituting the pull of privilege for the push of manhood
~ Louis Brandeis ~ (1856-1941)
Ex. US Supreme Court Justice
Source.. House of Representatives, Pujo committee report, 1913
I am now quite sure that 'Tragedy and Hope' was suppressed although
I do not know why or by whom. ~ C.Quigley ~