Saymaz@lemmygrad.ml to news@hexbear.netEnglish · 1 month agoBernie Sanders will introduce a bill to have the public take a 50% ownership stake in the country's biggest AI companies.www.newser.comexternal-linkmessage-square34linkfedilinkarrow-up185arrow-down10cross-posted to: worldnews@lemmygrad.ml
arrow-up185arrow-down1external-linkBernie Sanders will introduce a bill to have the public take a 50% ownership stake in the country's biggest AI companies.www.newser.comSaymaz@lemmygrad.ml to news@hexbear.netEnglish · 1 month agomessage-square34linkfedilinkcross-posted to: worldnews@lemmygrad.ml
minus-squareplinky [he/him]@hexbear.netlinkfedilinkEnglisharrow-up2·1 month agoi think majority shareholder might have some vested interest in the bonds not imploding though, as they are the last to get paid in that scenario.
minus-squareKeld [he/him, any]@hexbear.netlinkfedilinkEnglisharrow-up2·1 month agoYou absolutely do have a vested interest in the stock doing well as a stock holder, but you don’t suffer 50% of the company’s losses.
minus-squareInexplicableLunchFiend [he/him]@hexbear.netlinkfedilinkEnglisharrow-up2·1 month agoYour billions in stocks (that you paid for and bought) evaporate into nothing when the company goes bankrupt/collapses, so yes, it would entail the US government eating the losses.
i think majority shareholder might have some vested interest in the bonds not imploding though, as they are the last to get paid in that scenario.
You absolutely do have a vested interest in the stock doing well as a stock holder, but you don’t suffer 50% of the company’s losses.
Your billions in stocks (that you paid for and bought) evaporate into nothing when the company goes bankrupt/collapses, so yes, it would entail the US government eating the losses.