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For background on limitations of and possibilities for a more democratic Constitution, see http://poclad.org/BWA/2007/BWA_2007_DEC.html and http://poclad.org/BWA/2007/BWA_2007_MAR.html#3 Davis played a historical role in the corporate personhood debate. Ultimately, the two non-manager members would assert that the managers had, as members, abandoned their interests in the LLC. Other suggestions rejected by Congress included complete privatization, so that markets no longer perceive an implicit guarantee, and replacing the GSEs with ordinary agencies.
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Publisher: Oxford University Press; 1 edition (August 20, 2014)
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