alt Hacker NewsKeep in mind all investors would include the average joe's who are investing their retirement savings as well. You think they should just have those wiped out, despite there being no fault of their own?
Replies
cyberpunk • yesterday at 8:59 AM
Make those who are convicted personally liable to repay investors?
bsder • yesterday at 9:22 AM
Absolutely.
It used to be that "company reputation" was part of the value of a stock certificate. That disappeared and the primary value of CEO became being a sufficiently raging asshole to pump the value of the lottery ticket at all costs.
Bringing back a bit of risk to investors would help put some pushback into the system.
➕ show 1 reply
Yes as for the average Joe it's 0.001% of his ETF getting nuked.