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When Stanley Milgram Polled a Group of Psychiatrists Before His

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When Stanley Milgram polled a group of psychiatrists before his obedience experiments were conducted, the psychiatrists predicted that less than one percent of those tested would obey when, in reality, 65 percent obeyed completely by going all the way to the 450-volt level.


Definitions:

Greenmail

A situation where a company buys back its own shares at a premium from a potential acquirer to prevent a takeover.

Going Private

A transaction or series of transactions in which a publicly traded company is transformed into a privately held one.

Freeze-Out

In corporation law, a type of oppression by which only minority shareholders are forced to sell their shares.

Right Of Appraisal

The process to determine the fair market value of an asset by a neutral third party or appraiser.

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