RE:RE:RE:RE:Time to Move onNone. That is what the SEC is for. If they don’t care, I don’t care. We have a difference of opinion that all. You can continue your narrative and I will look at this as a business transaction, nothing more. I don’t care how much anyone makes as long as my investment is making returns. When I sell I won’t be thinking about once upon a time employees.
quote=SoilStory]Do you believe you have any social responsibility as an investor?
Is your capital available to anyone who can increase it regardless of social impact?
Your narrative relies on those alternative motives being nefarious yet you don’t make explicit what they could be that supports letting the real villains sail off.
These guys flipped the assets so many times because they all owned just under reporting requirements in each company. If they owned enough of one company to make their money they would have had to report insider status. This way they avoided that by taking several smaller positions in many companies then sold the assets to themselves several times.
It was legal. Maybe. A truly independent board would be finding out how legal Vic not disclosing his positions to the board was.
Add possible mafia and/or cartel money and you got a whole lot of social impact you don’t care about.
Almost sociopathic doncha think?
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