2 ms·
> What are some $200B+, publicly-traded companies that the government has "turned off"? Forget $200b. What are some legitimate $1b+ companies that the governme
by adventured 7y ago
> What are some $200B+, publicly-traded companies that the government has "turned off"?
Forget $200b. What are some legitimate $1b+ companies that the government has turned off like a switch? Essentially it has never happened before in US history, because it's not a power that the government actually possesses.
If your whole business consists of running a massive medicare fraud, or you're a ponzi scheme shell with no assets, then sure the government might raid you and you instantly become insolvent and non-operational. Cases of that sort are about the only time such a switch is thrown (and even then, there is a well defined legal process involved).