4 ms·

Perhaps, but the posted does not say that...

• burnte 3y ago
  It also doesn't say that the shares were paid for with wire transaction as opposed to physical cash in stacks of $100 bill, but that also is what happened. They're not going to explain the common bit in every story, only the unique bits. Whenever the gov't sells things in a bankruptcy or fraud proceeding, the money goes to the creditors/victims, and then fines.
• whateverman23 3y ago
  > Perhaps, but the posted does not say that... It doesn't say the government is profiting either. You just made that up.
  • maerF0x0 3y ago
    Well, that piece is pretty easy to conclude. They acquired it for essentially nothing.
    • meepmorp 3y ago
      > Well, that piece is pretty easy to conclude. It's also an incorrect conclusion.
    • pgwhalen 3y ago
      You are missing a very obvious piece of the puzzle here: assets seized by the government during bankruptcy get used to offset liabilities of the bankrupt company. This doesn't need to be explicitly said; it wouldn't make sense for it to work any other way.