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Hostile takeover - definition and examples - Market Business News

Hostile takeover - definition and examples - Market Business News
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Detailed text transcripts for TV channel - MSNBC - 20100401:20:31:00

care bill. and then the seniority system, by which chairmanships are decided. senator brown for one, wants the gavels of the chairmanship decided by member elections, based on merit, not merely based on a politician s ability to stay in office forever. not to mention the 60-vote threshold needed to overcome a filibuster, the growing enemy of majority rule, we re all familiar. and to top it off, it currently takes a two-thirds majority, 67 votes to actually change any of the senate rules. senator tom udall says even that rule needs a makeover. and joining us now, is democratic senator from new mexico, tom udall. part of that band of senators trying to change the system. senator udall, welcome to the program. how are your efforts being received? thank you, dylan. good to be with you today. it s a pleasure to have you here. what do they think about all this crazy talk about all you guys? well i don t think it s very crazy talk.

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