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[-] SatansMaggotyCumFart@piefed.world 11 points 2 weeks ago

That's why they use the stocks as collateral for a loan.

[-] krisevol@lemmus.org 6 points 2 weeks ago

Exactly. The second we tried to liquidate him, none of that money would exist.

[-] flandish@lemmy.world 6 points 2 weeks ago

and yet he still has the reach and power he does, with ephemeral shit like stocks. as if they’re … just like dollars. it doesn’t matter what kind of asset it is, these billionaires need to go.

[-] krisevol@lemmus.org 1 points 2 weeks ago

But by removing there stocks, you wouldn't remove their influence, they still know the same people and hang around the same people.

By liquidating his stocks, you would get no money as it would crash the markets, but he would still be CEO, and asking for a different compensation package.

I really don't see what we would gain from it

[-] i_stole_ur_taco@lemmy.ca 3 points 2 weeks ago

Then we try liquifying instead?

[-] krisevol@lemmus.org 1 points 2 weeks ago

And getting what exactly, the money doesn't exist

this post was submitted on 05 May 2026
1435 points (100.0% liked)

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