In the navigated fall of USSR this sort of thing took place. Oligarchs are made in the collapse of a massive state. One particularly brazen case that exemplifies the type of feeding frenzy, oligarch Khodorkovsky wanted to buy up Russian energy companies for pennies on the dollar. He went and bought the banks that would oversee auction of those energy companies. Then barred anyone from being allowed to bid on them and purchased the companies for himself, for pennies on the dollar. Proceeds for the auctions were to benefit Russian cities who got screwed. That sort of looting meant very hard times for previously middle class Russians, fueled the anger toward oligarch class, and the eventual widespread support for a strong-man Putin to come in and end the feeding frenzy. Harvard grads in the West have been angered at Putin ever since then for ending the flow of easy money.
Selling GE for 5.4B would mean the US has been purposefully collapsed and the oligarch feeding frenzy had begun. Your parents life savings reduced to empty wheel-barrow, so it goes.
This is retarded.
GE is a publically treated 100b market cap company
Thats exactly what I was going to say. 100B company for 5.4B? Maybe this would be enough evidence to hang her.
In the navigated fall of USSR this sort of thing took place. Oligarchs are made in the collapse of a massive state. One particularly brazen case that exemplifies the type of feeding frenzy, oligarch Khodorkovsky wanted to buy up Russian energy companies for pennies on the dollar. He went and bought the banks that would oversee auction of those energy companies. Then barred anyone from being allowed to bid on them and purchased the companies for himself, for pennies on the dollar. Proceeds for the auctions were to benefit Russian cities who got screwed. That sort of looting meant very hard times for previously middle class Russians, fueled the anger toward oligarch class, and the eventual widespread support for a strong-man Putin to come in and end the feeding frenzy. Harvard grads in the West have been angered at Putin ever since then for ending the flow of easy money.
Selling GE for 5.4B would mean the US has been purposefully collapsed and the oligarch feeding frenzy had begun. Your parents life savings reduced to empty wheel-barrow, so it goes.