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Enron was the administration's model corporation.
(Apple, perhaps America's model corporation, is not a member. Microsoft, by some measures its predecessor, still is).
Mr. Seward was an active member of the American Bar Association as chairman of a committee that developed a model corporation act to govern the creation and operation of business corporations, which is used in whole or part by more than half of the American States.
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In fact, it's the perfect new-model corporation, building its influence through alliances and networks.
Under the North American Free Trade Agreement, NAFTA, on which TTIP is modeled, corporations based on the U.S., Canada and Mexico, have successfully sued all three governments to weaken regulations.
In the corporate incubator model, the corporation maintains full control of its innovation assets until such time as the new company is spun out.
In the corporate accelerator model, the corporation maintains limited control of a startup's innovation assets during the time the startup is participating in the accelerator program.
That last one is a doozy: turns out that the Model Business Corporation Act, the template for most States' Corporations Law, says that by-law amendments requiring mandatory proxy access are prohibited.
In the 1980's, the Syracuse Model Neighborhood Corporation, a housing group, built houses on vacant lots and sold them for $78,000, but no more.
The two men said yesterday that Mr. Immelt would immediately take a significant role in running G.E., which management experts have regarded as the model American corporation for more than a decade.
In the M&A model, the corporation maintains full control of a startup's innovation assets beginning at the time of acquisition.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com