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> If companies can’t issue buybacks or dividends with outstanding debt or unfounded pension liabilities society is simply better off. This is just the sort of
by Ntrails 7y ago
> If companies can’t issue buybacks or dividends with outstanding debt or unfounded pension liabilities society is simply better off.
This is just the sort of fun financial engineering challenge that will not end the way the rulemaker intended...
- Retric 7y agoAs stated it’s easy to have a parent company receiving payments for IP by a subsidiary with debt. But, that’s also why laws are longer than just one sentence and interpreted by people not machines.