Point is that if I commit fraud or steal anything over 10 dollars I might go to jail
This guy lies steals and cheats by the billions and he gets a hug
Jail the motherfucker already
Comment on Elon Musk to Owe Billions After Jury Finds He Misled Twitter Investors Before Takeover
sunbeam60@feddit.uk 5 days agoI mean I dislike the guy as much as you, but almost all of his “wealth” is paper wealth. He må very well not be able to liquidate 2% of his wealth (fine with me).
phoenixz@lemmy.ca 4 days ago
brownsugga@lemmy.world 4 days ago
0.2% not 2%
SCmSTR@lemmy.blahaj.zone 5 days ago
Reminds me of the same defense some people make in divorce court
SaveTheTuaHawk@lemmy.ca 5 days ago
Paper wealth a theoretical wealth, he will have to borrow that $2B using paper value as collateral.
iglou@programming.dev 5 days ago
He doesn’t have to liquidate shit, none of them do. They borrow against their holdings.
sunbeam60@feddit.uk 4 days ago
Yes of course. But a lot of it ain’t vested and so the terms may not be great or downright unpalatable.