Elon Musk offers to buy Twitter for $54.20 a share, saying it needs to be 'transformed as private company' https://t.co/xbhw4tJZQ3— CNBC (@CNBC) April 14, 2022
Most shares are held by institutional investors who can only re-balance their positions every quarter or so. This is fucked up levels of fucked up finance law breaking though.
This current stunt by Eton is flagrantly violating multiple SEC statutes by a majority shareholder. If the Attorney General Garland wanted to, he could have Musk thrown in a DOJ lockup facility in Dallas/Ft. Worth within the hour. He won't though.
Not anymore, they've sentenced him for inflating the worth of Tesla shares in the past, up to the point where he wasn't allowed to tweet without consulting a lawyer first. ofc he very publicly ignored that and nothing happened.
Lmao even if they did enforce that, got to love that being a rich person violating laws means the only consequences are having to pinky swear you'll try harder not to next time
Most shares are held by institutional investors who can only re-balance their positions every quarter or so. This is fucked up levels of fucked up finance law breaking though.
This current stunt by Eton is flagrantly violating multiple SEC statutes by a majority shareholder. If the Attorney General Garland wanted to, he could have Musk thrown in a DOJ lockup facility in Dallas/Ft. Worth within the hour. He won't though.
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Not anymore, they've sentenced him for inflating the worth of Tesla shares in the past, up to the point where he wasn't allowed to tweet without consulting a lawyer first. ofc he very publicly ignored that and nothing happened.
Lmao even if they did enforce that, got to love that being a rich person violating laws means the only consequences are having to pinky swear you'll try harder not to next time