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Top-level
Jerome
@pluralistic Then, of course, everyone will notice that Vice used to be valued at 5.7 billions and that burning all that cash is proof of incompetence. I will simply answer that burning billions in cash is not a problem, when it is not your money. 2 comments
Jerome
@pluralistic Last but not least: there is an obvious reason to destroy Vice: it published good articles. If there is one thing that people in power hate, it is good journalists. They are the people who tend to discover scandals, they are the people who write articles about things they prefer to keep hidden. At the very least, they write stuff which is more interesting to read than advertisements and in the ideal corporate world out eyeball time would be 100% used for propaganda. |
Gregory's Server
@pluralistic Do you really know who was owning these billions in today's opaque financial world? Haven't there been enough scandals about bankrupt companies where it was found that valuable assets had been siphoned out before the leaders started a chain of apparently stupid moves? Aren't there enough ways to let the small investors alone with the empty bag?
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