Local government finance and the Glencore IPO

Overman, Henry G.ORCID logo (2011) Local government finance and the Glencore IPO. [Online resource]
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The FT reports that the Glencore IPO has resulted in an unexpected 'bonanaza' for the small Swiss village that is home to a number of Glencore executives. The payouts to these executives, as a result of the IPO, have been sufficiently large that residents have been able to vote to reduce the local income tax rate.


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