Leverage fragile enough to go bankrupt, is enabled by limited liability, and is kind of the whole point of corporations. Limited support of risky endeavors sho

Leverage fragile enough to go bankrupt, is enabled by limited liability, and is kind of the whole point of corporations. Limited support of risky endeavors shouldn't bankrupt limited partners. Going after limited partners sets you on a slippery path to to go after philanthropists for donating to risky altruistic causes. stock buy backs are irrelevant.