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No it isn't precedented. Ownership of a company is a lot different than real estates or other physical wealth. It would take years to sell off $50 billion of s
by NhanH 10y ago
No it isn't precedented. Ownership of a company is a lot different than real estates or other physical wealth.
It would take years to sell off $50 billion of stocks without crashing the company. Even if they are patience and manage to do that, alot of people, myself included, would have trouble with the government being in de-facto control of the company.
If you dismissed either of the two reasons above, I guess I don't see a point in continuing the discussion.
- morgante 10y agoUh, do you honestly think that estates never include equity holdings? I agree. It's not worth continuing this discussion if you believe that it takes 10 years to sell off $50 billion of stocks.