Regulatory Evasion

Trump University Changes Name to "Trump Entrepreneur Initiative" Under Pressure from NY Education Department

| Importance: 8/10

In June 2010, Trump University changed its name to “The Trump Entrepreneur Initiative” following sustained pressure from the New York State Education Department, which had repeatedly warned since 2005 that the organization was illegally using the term “university” without …

Donald Trump Michael Sexton Joseph Frey trump university fraud education fraud new york regulatory evasion
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Standard Oil Attorney Develops Trust Legal Innovation to Circumvent Anti-Monopoly Laws

| Importance: 9/10

Samuel C. T. Dodd, chief attorney for Standard Oil Company, developed a revolutionary legal structure in 1879 that adapted the common law instrument of a trust to create the modern business trust, circumventing Ohio’s anti-trust laws and state restrictions on interstate corporate ownership. …

Samuel C. T. Dodd John D. Rockefeller Standard Oil Company corporate-power legal-innovation regulatory-evasion institutional-capture trust-formation
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