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Perhaps one of the many professionals working in distressed debt or special situations? If you're not familiar, there are desks at Goldman, etc called "Special
by ericd 6y ago
Perhaps one of the many professionals working in distressed debt or special situations? If you're not familiar, there are desks at Goldman, etc called "Special Situations" that focus on relatively niche investment opportunities. Investors just need the price to be right. Would likely be bad for the shareholders, but again, that's part of the punishment.
- bboylen 6y agoThere could be a price that worked but I don't think there are many businesses that can go offline for several months and come back fine. I'm most familiar with the industry I work in, (O&G), where a day not operating is an incredible loss. Is shutting down the oil refineries and petrochemical complexes what is best for the country? I just struggle to see how this wouldn't just punish normal workers and furthermore just make the economy worse off as a whole
- ericd 6y agoThere would be economic damage, no doubt. And maybe to the level where it's politically impossible to enact this kind of thing. And maybe it's a stupid idea :-)