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Re: skeptic7 post# 685965

Friday, 06/25/2021 11:46:46 AM

Friday, June 25, 2021 11:46:46 AM

Post# of 792604
Scotus overturned 100s yrs of investmentLaw. Saying a company can be nationalized, a company can use its funds to serve itself or the vaguely defined public good when it’s officially the “conservator” overturns 100s of years of investment law, as far as I know.

Similar to how in ‘08/‘09 The gvt forced GE to put union interests ahead of bond holders in the capital stack, just super radical stuff.