• Before posting anything about the COVID-19 virus, please read this first Click Here

Blog Greedy Capitalist Piggies Line Up To Steal All The COVID-19 Bailout Money

gerhard dengler

Moderator
PI Member
Sep 6, 2018
6,475
9,274
It'd be practically impossible to stop buy backs. Even if the US government tried to do it, the corporations would have their little shelf companies in tax havens like Ireland buying back the stock for them.

It used to be the case that no company, and no agent/proxy for the company could buy company shares.

I don't know why this rule was set aside.

Guinness case should have been the wake-up call concerning deliberate share price manipulation
 

missy

PI Member
Jul 31, 2018
3,346
4,899
Hilarious in an obscene lack of awareness entitlement way.

Oh they're completely aware of it.
But the conversation goes something like this ...

1. Mr President, if we don't get a bailout we go bust.
2. Mr President, if we go bust, then there's hundreds of thousand's more on the dole.
3. Mr President, it's an election year.

At least Trump is doing it the right way, if there's a bailout, the state/taxpayer should gets a large stake in the firm.
 

Karloff

PI Member
Oct 30, 2015
6,035
10,389
In this episode we hear Jeff Bazos is looking for a $5B Government stimulus for the Space Launch Industry to keep ticking over during the crises. Hey Jeff how about you use half of that $10B you pledged to fight Climate Change to keep your industry afloat instead? You know? Capitalism? Why are you happy to not pay meaningful tax but donate money which will be used to dictate how others live their lives (not you of course) and at the same time look for handouts from taxpayers to keep your industry viable?

Cnut saved a fortune selling a huge chunk of his Amazon stock just before the proverbial hit the fan in early February.

Now he is up to 120b in personal wealth and he is using the poormouth? You couldn't make it up.
 
  • Thread Starter
  • Thread starter
  • Moderator
  • #19
OP
GodsDog

GodsDog

PI Member
Nov 16, 2015
13,843
13,384
 

ShumanTheHuman

PI Member
PI Member
Dec 15, 2018
2,376
4,091
More of the utter betrayal of American Workers by Trump
 
Top Bottom