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There are strict regulatory obligations to the outside investors that would make that transfer illegal.
by hhmc 7y ago
There are strict regulatory obligations to the outside investors that would make that transfer illegal.
- scottious 7y agoillegal, sure. But let's say there are some very bad actors involved... would it be possible? People have been known to do illegal things in finance and have tried to cover their tracks in the past.
- hogFeast 7y agoNope. This used to be quite common in the 80s (you would run a public fund, and allocate losing positions to pension funds) but doesn't happen today.