All that boilerplate

Anyone who attends presentations by US business executives has chuckled obligingly through the routine.After the introduction, the executive steps to the podium. On a screen nearby glitters an exquisite PowerPoint title slide. The speaker thanks whoever made the introduction, attests to the pleasure of being there, presses the hopefully correct button on somebody else’s laptop, and glances nervously at the screen to check the result.There, the beautiful title slide gives way to monochromatic rows of minuscule type. Lumbering sentences herald “forward-looking statements” and warn of “risks and uncertainties.”Nobody reads the disclaimer. There’s no time.Q...

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