3 ms·

So you propose putting 40% of the population of the US who have money invested in the S&P 500 in jail?

• ryandrake 2y ago
  I’m not proposing that at all. False dichotomy. Is it possible that there is a reasonable middle ground somewhere between “shield everyone involved in corporate wrongdoing” and “send every investor to jail?”
  • scarface_74 2y ago
    Your words were > One's investment into a criminal enterprise could arguably be contributing to or encouraging that crime Every shareholder is an “investor”. Well not really, when you buy a stock unless you buy at IPO or secondary offering, you are buying an ownership share from another holder. So if you really want to go after “investors” you would have to find all of the investors who invested before the company went public and the ones who bought at IPO. We also have to go after any bank who lent the company money since they were also “involved in the criminal enterprise”. In the case of Amazon, you would definitely have to go after Bezo’s ex-wife since she is a major shareholder.
    • izacus 2y ago
      You're reading the post of the OP uncharitably (which is against the rules) and are deliberately misinterpreting their words into ridiculous extremes. Please unlearn that.
      • scarface_74 2y ago
        How would you read it “charitably”? Be’s repeatedly said that all investors should be criminally on the hook for crimes committed by the companies they invest in.