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That’s the problem when you get too big, isn’t it? Musk now has $149 million extra that he can spend on fighting legal battles with the SEC and still come out a
by polygamous_bat 3y ago
That’s the problem when you get too big, isn’t it? Musk now has $149 million extra that he can spend on fighting legal battles with the SEC and still come out at least a million ahead. Does the SEC have $149m in spare resources to fight this fight?
Unfortunately this is the math I believe the enforcement agencies have to do.
- deadbolt 3y agoWhat does $149M get you in a legal argument? I realize this must seem like a very naive question, but if the law said "you must disclose at 5%", and someone fails to do so, shouldn't that be a simple case?