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When Is An American Company No Longer American?


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SFGate.com10 states press S&P to delist firms with foreign tax havens.

 

Intensifying a campaign against U.S. companies that have hidden their assets in foreign tax havens, a coalition of officials from 10 states -- led by California Treasurer Phil Angelides -- demanded that Standard & Poor's remove 10 companies from its S&P 500 index

 

Any thoughts on their chances of success?

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