The Magazine

Revolt of the Shareholders?

If the suit against Microsoft damages its stock price, there could be political fallout

Nov 22, 1999, Vol. 5, No. 10 • By DAVID FRUM
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If the Clinton administration ever 'fessed up to this troubling ambition, it would scare the markets worse than a week of gloomy speeches by Alan Greenspan. The interesting political question is: If the broader markets ever do react, will the vast property-owning middle class that has forgiven Clinton so much forgive him this direct assault on their well-being?

David Frum is a contributing editor to THE WEEKLY STANDARD. His history of the 1970s will be published next year by Basic Books.