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@raymaccarthy@mastodon.ie

Post #2111720

2026-05-06 11:57 UTC

@jaffathecake Amazon, Google, Apple, Musk etc show the huge flaw in allowing shares as collateral for loans as "payment" for a takeover, often described as a merger. Obscene Capitalism. https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Amazon https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Alphabet https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Apple Musk is rich by background, luck & stupidity of other people, partly Peter Thiel. https://en.wikipedia.org/wiki/Business_career_of_Elon_Musk Paid Tesla to claim he was a founder.

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