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Corporate Takeover

- Danny speaks with Walter Adams, Distinguished Professor of Economics at Trinity University in San Antonio, Texas, about corporate mergers and takeovers. This week, Lee Iacocca and Kirk Kerkorian mounted a bid to takeover the Chrysler Corporation, an effort that recalls the merger mania of the 1980's. Adams says corporate takeovers, by and large, don't do the country any good, for they don't as a rule add to the productivity and creativity of the economy.

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