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That doesn’t answer the question. However, any money paid to shareholders while accumulating debt, including deferred maintenance, etc was financial smoke and
by Retric 1y ago
That doesn’t answer the question.
However, any money paid to shareholders while accumulating debt, including deferred maintenance, etc was financial smoke and mirrors not actual profit.
- VirusNewbie 1y agoDoes the government not do this?
- thfuran 1y agoUnless you're trying to ask "is the level of corruption in government nonzero", the answer is unequivocally no because the government doesn't have shareholders.
- blibble 1y agoyes, paying dividends out of debt is completely illegal but apparently not if you wrap it in half a dozen companies in various tax havens (that have no legitimate purpose other than various types of laundering)