the back of wall street is littered with stocks of defunct companies that were too big to fail.

Google, when?

My current employer, when?

@Lensflare acquired by Exxon-Walt-Disney in 2044.

@atheist went bust in 2032

@iiii gotta wait at least 100 years for that, maybe more

I don't think the fire department would allow it sweetie

@kiki have you been to the year 3000? Let me guess, do they live under water?

@atheist not all of them. Only Kevin Costner

But yeah, the whole GameStop debacle showed that it's a rigged system to have them always win.

While I'm not against the stock market, as it is a very valid way to fund companies, I'm really against all those intermediaries that win millions at essentially no risk because if they flop they will be bailed out.

@iiii in-fucking-deed

@antigermanist bold of you to assume that too-big-to-fail companies in the US of A has any regard for the law and any consequences of breaking it

@kiki yes but you can't have a bunch of paper just lying around. It's a hazard

@antigermanist if it catches fire, no execs will be harmed, as they’re not there — they’re pounding 14 year old boys on their yachts.

I heard a story about MS how they literally managed to change the law to prevent persecution for a crime, making them be practically "above the law" :)