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Wow, I mean, what a counterintuitive coincidence. Trafficking in copyrighted works constitutes theft, but a private equity firm buying a company with debt, tra
by dangerlibrary 6y ago
Wow, I mean, what a counterintuitive coincidence.
Trafficking in copyrighted works constitutes theft, but a private equity firm buying a company with debt, transferring the debt onto the company's balance sheet, allowing it to go into bankruptcy because of enormous debt load, and paying themselves huge bonuses along the way is not theft.
If it weren't for the fact that the U.S. federal code as it exists in June of 2020 is the definitive source of ethical and moral definitions, I would think that maybe something _untoward_ might be going on.
- ArnoVW 6y agoSeems coherent to me: you are not taking ownership of something without a contractual basis. It would I think constitute 'misuse of corporate assets' though.