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But they have that money today. They can spend it on lawyers. If they win, they still have it, if they lose, well now they go bankrupt just $55m more in the hol

by anbop 7y ago

But they have that money today. They can spend it on lawyers. If they win, they still have it, if they lose, well now they go bankrupt just $55m more in the hole than before. It’s not like anything will happen to the executives.

JackFr 7y ago
> But they have that money today. They can spend it on lawyers. Lawyers know that they cannot be paid with that money. If they lose it will be forfeited. Similarly you can't rob a bank and use the money to pay your lawyer. > It’s not like anything will happen to the executives. That's absolutely not true. It's not unreasonable to expect that the SEC might refer people to the DOJ for criminal prosecution and jail time would send a nice signal.