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Furthermore, Softbank didn't somehow get tightly coupled to the rest of the financial system that the Fed and/or Congress felt they had to get bailed out. Edit
by SilasX 7y ago
Furthermore, Softbank didn't somehow get tightly coupled to the rest of the financial system that the Fed and/or Congress felt they had to get bailed out.
Edit: With that said, the WeWork CEO (AIUI) did get away with a lot of stuff that just shouldn't be allowed under modern practices of corporate government, like funneling money to his own businesses. That is a failing of modern finance.
- austhrow743 7y agoIf the investors allow him to do that, is it a failure of modern finance or just them?