Jagothaciv

joined 2 months ago
[–] [email protected] 16 points 1 week ago (1 children)

$153 billion in buybacks? $79 million in CEO pay?

Who is running this fucking company TRUMP??

[–] [email protected] 38 points 1 week ago (4 children)

Imagine becoming a citizen only for the US to be destroyed by a shitbag reality tv cunt a few years later. Let’s not let that happen.

[–] [email protected] 6 points 1 week ago

Plenty of people like Mark Robinson who think of themselves as black nazis so go vote anyway.

[–] [email protected] 25 points 1 week ago (1 children)

He found the most disgusting and vile christians to pull the rest down is all he and foreign governments did.

[–] [email protected] 22 points 1 week ago (3 children)

Single issue voters damage democracy.

[–] [email protected] 16 points 1 week ago

Exactly a bunch of idiots who have gambling problems highlight the need for mental healthcare not a flex.

[–] [email protected] 22 points 1 week ago (1 children)

Remember, MAGAs only plan is to dismantle the administrative state so we can’t get healthcare and vaccines anymore.

[–] [email protected] 28 points 2 weeks ago

Another mismanaged American company, not surprising. When you have douchebag trust fund kids who go to Southern business schools run your country into the ground for 40 years you should replace the douchebag trust fund kids that go to Southern business schools. Nothing good comes from these stock buyback institutions. Because thats all they teach.

[–] [email protected] 4 points 2 weeks ago (2 children)

Imagine Ernest giving you health advice and making health guidelines. That’s what this is.

[–] [email protected] 21 points 2 weeks ago

Saw this somewhere else:

For those not familiar with the stock market, this was clearly telegraphed when his media company used a SPAC.

When a company goes public (IPO), they have to file with the Securities and Exchange Commission. The process is pretty rigorous and has standard forms that you need to fill out or hurdles that you need to get over: Company financials and future growth strategy Corporate governance

Risks and issues both internal and external Lots of stuff on tech readiness, vulnerabilities and the like.

The bigger the company the harder this is to do correctly, and the more external companies you'll need to verify and underwrite your findings. But let's say you have a poorly structured company you want to take public. DodgyCo will never get through the IPO gauntlet, so you create a Special Purpose Acquisition Company (SPAC) called CleanCo. They have fantastic technology methodology, a strong board and TONNES of funding. CleanCo sails through all the SEC gates and Monday morning they go live on the stock market.

Monday afternoon CleanCo buys out DodgyCo, effectively making DodgyCo public without the hassle of actually having to operate like a grownup company.

This is what Trump Media Company did.

[–] [email protected] 12 points 2 weeks ago

Rich people hate this one encyclopedia!

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