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Not being an American I might have missed a huge example of the opposite, but I haven't seen the US gov shut down and destroy a public company. Sue them, yes, b
by alan_cx 15y ago
Not being an American I might have missed a huge example of the opposite, but I haven't seen the US gov shut down and destroy a public company. Sue them, yes, but destroy, no. So, presumably, had Megaupload gone public, my guess is that it would still exist, while being sued. It would still have resources to defend its self. What has happened here, or what was attempted here was the destruction of a business and the removal of its ability to fight back. I cant see that happening to a public company.
OK, Megaupload can be argued to be shady, but surely the action against is is equally shady.
- irunbackwards 15y agoShady? What do you mean? This is America! Guilty until proven innocent!
- hga 15y agohttp://news.ycombinator.com/item?id=3529331 http://news.ycombinator.com/item?id=3529331