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I mean he paid 40 billion. He can run it any way he pleases.
by rapsey 2y ago
I mean he paid 40 billion. He can run it any way he pleases.
- okasaki 2y agoI thought he borrowed it? In which case he definitely can't run it any way he pleases.
- deleted 2y ago[deleted]
- nradov 2y agoDebtors generally have no direct authority over management decisions unless the borrower defaults. So legally speaking, someone with majority voting control over a company can pretty much run it any way he pleases. (I am clarifying corporate governance rules here, not taking a position on recent management decisions.)