He can give them stock.
Comment on Finally
krisevol@lemmus.org 1 week ago
But he doesn’t have that much cash, so where would the money come from? Us or blackrock?
yeahiknow3@lemmy.world 1 week ago
krisevol@lemmus.org 1 week ago
And what would that do, the companies don’t make money and the speculative value would disappear. It would just be a worthless price of paper
yeahiknow3@lemmy.world 1 week ago
Good.
krisevol@lemmus.org 1 week ago
In reality they would still have that power.
luciferofastora@feddit.org 1 week ago
Use it as collateral for loans, hand out that money, then disappear so he doesn’t have to pay those loans back
krisevol@lemmus.org 1 week ago
So the banks would pay the money?
luciferofastora@feddit.org 1 week ago
Yes. Then the government would bail out the banks. The executives that authorised those loans would have to leave (with a huge severance) while the politicians who facilitated that rescue would end up on some well-paid advisory board.
The taxpayers, of course, foot the bill. Get a dollar, lose two.
krisevol@lemmus.org 1 week ago
This guy gets it