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'Shakedowns': Here's why CEOs are finally turning on Trump
['Lesley Abravanel']
Alternet.org
In off-the-record conversations facilitated by The Yale School of Management's Jerry Sonnenfeld, chief executive officers say this isn't what they signed up for when they voted for Trump.
About those tariffs, seventy-one percent of CEOs say they are killing their businesses, according to a Wall Street Journal poll, and three quarters of them agreed that tariffs are illegal.
That same seventy-one percent also agreed that Trump has decimated the independence of the Federal Reserve.
"This is different from a Trump proposal to reserve for the United States government some of the proceeds from university patents," Noah explains.
"They struck a bad bargain by allowing Trump to replace the rule of law and the interaction of multiple branches of government with crude and not-always-legal Trump shakedown," Noah says.
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