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Having his family take over the business isn't a blind trust. https://en.wikipedia.org/wiki/Blind_trust https://en.wikipedia.org/wiki/Blind_trust
by ablerman 10y ago
Having his family take over the business isn't a blind trust. https://en.wikipedia.org/wiki/Blind_trust https://en.wikipedia.org/wiki/Blind_trust
- scott_g 10y agoJust because his family is managing it (IE: employees) doesn't mean they own the assets. The blind trust is most likely with people unrelated to him or the family. EDIT: HN is an insult to my intelligence.
- coldtea 10y ago>Just because his family is managing it (IE: employees) doesn't mean they own the assets Blind trust is not about whether you own the assets or not, it's about NOT knowing what the assets are (hence "blind"). He and his family know what the assets are, which is what brings all the potential conflicts of interest. >HN is an insult to my intelligence. Not judging from the above comment.
- deleted 10y ago[deleted]
- pstuart 10y agoFamily is different than employees. Your argument is an insult to our intelligence.
- nindalf 10y agoYou have a basic misunderstanding of the issue at hand because you didn't bother reading the article. Not only are you ignorant of the facts (what a blind trust is), you then accuse others of insulting your intelligence. On the face value of your comments, the claim that you possess any intelligence appears dubious.