But a blank-check policy on letting any and every Internet-enabled device onto you corporate network?
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And he adds that 7 of those 41 IPOs were of so-called blank-check firms, which are merely shell companies.
Blank-check preferred is usually used as a takeover defense and hedge-fund managers typically want to take this weapon away.
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The open-ended, blank-check nature of the Medicare subsidy threatens the solvency of this critical program and creates inexcusable levels of waste.
Yet with shares trading at just 8.6 times earnings, with a 3.1% dividend yield, investors seem leery of what amounts to numerous blank-check fishing expeditions.
Most troubling of all, dozens of "blind pools" or "blank-check companies, " firms with no operating history that raise money to invest in anything the managers regard as suitable, have filed to go public under the JOBS Act.
It's ye olde "blank check" argument -- easy to understand, and perhaps even persuasive.
Apple proposed the preferred stock amendment, the CEO said, after a broader review of its corporate governance practices and that the proposal is meant to eliminate the possibility of issuing so-called "blank check" preferred stock.
Well, you think of the Clintons because they made the comment about Senator Obama, and for those that love Senator Obama and also had respect for the Clintons because the Clintons pretty much have had a blank check with the African-American community for a long time, for them to make that comment was hurtful.
The problem is that defined-benefit plans act like a blank check.
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