5
kiki
24h

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

Comments
  • 3
    Google, when?
  • 3
    My current employer, when?
  • 3
    murica when?
  • 2
    @Lensflare acquired by Exxon-Walt-Disney in 2044.
  • 3
    @atheist went bust in 2032
  • 2
    @iiii gotta wait at least 100 years for that, maybe more
  • 0
  • 1
    I don't think the fire department would allow it sweetie
  • 0
    well no

    2008 is calling and isn't defunct at all. they made monies and still running around murdering people
  • 1
    @kiki have you been to the year 3000? Let me guess, do they live under water?
  • 2
    @atheist not all of them. Only Kevin Costner
  • 2
    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.
  • 1
    @CoreFusionX stock market seems valid but it's actually cancer by design. It by itself drives companies to be predatory and greedy.
  • 0
    @iiii in-fucking-deed
  • 0
    wait til y'all find out what inflation is
  • 1
    @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
  • 0
    @kiki yes but you can't have a bunch of paper just lying around. It's a hazard
  • 1
    @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.
  • 1
    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" :)
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