• Bytemeister@lemmy.world
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    5 months ago

    Leveraged buyout, cutting yourself a huge check, folding the company and walking away.

    • COASTER1921@lemmy.ml
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      5 months ago

      Over the past few decades it’s become very clear this is needed. The problem is that by making LBOs illegal you are saying that a controlling stake of the company’s stock isn’t the same as owning a controlling stake in the company. So at that point the value of stocks becomes a bit more speculative and likely much less stable. Given that basically the entirety of our economy is built on the stock market I think this is incredibly unlikely to ever happen.