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Elon’s Out

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Re: Elon’s Out

#331

Post by fzeroracer »

loceng wrote: post #294
roca wrote: post #266

Earlier quoted context omitted.

Taking your version of events at face value: Musk hired a private investigator to dig up dirt on someone who merely criticized his rescue plan, received some lies from said investigator, and uncritically repeated them to his massive social media following, thus smearing the person concerned ... and this makes Musk a tireless advocate for the truth and social media sanity. Musk cultists are the worst. PS, if Musk can…

Quoted post unavailable.

How can you at all claim Musk has any shred of integrity when he double and triple downed on trying to ruin someone's career? What he did was textbook cancelling, but for some reason it's okay because it was Musk. He never came out and apologized for being wrong, hiring an investigator to violate someone's privacy or the subsequent smear campaigns he ran. He literally ran his own ideological mob at this guy, and yet you think it's the people attacking him for it that are wrong.

Re: Elon’s Out

#333

Post by scaramanga »

paulcole wrote: post #178
throwaway09223 wrote: post #140

Earlier quoted context omitted.

> What if the court orders Musk to close the deal and he says no? I can't believe people are taking this very silly statement seriously. This is utter nonsense. There are remedies for people who disobey court orders. Having assets makes you more vulnerable to a court's authority because you have something to lose. If a court orders specific performance and he doesn't do it then he's liable and the court will take his…

> Is Levine seriously suggesting that US courts don't have the authority to impose financial penalties, find liability, and seize assets No. He’s suggesting that Musk’s wealth and power will make the people who work in US courts reluctant to impose financial penalties, find liability, and seize assets.

Not to mention his bizarre hold on the public imagination. He's the worlds most simped compulsive liar. I think authorities may also be afraid of looking like Nazi jackboots on the neck of this innocent guy who would be in federal prison serving long sentences if he was just some obscure hedge fund dude, known only to other hedge fund dudes, like Bernie Madhoff.

Re: Elon’s Out

#334

Post by gfodor »

Will any of these people eat crow if the deal closes at a lower price? Probably as much every other time they’ve said Musk was done with Twitter and then escalated towards owning it.

Re: Elon’s Out

#335

Post by kolbe »

throwaway09223 wrote: post #140
alphabetting wrote: post #4

I found this part most interesting. Public awareness of the Delaware Court of Chancery is about to skyrocket during this court battle. The fact that Musk is working in such bad faith here — that he seems so unconcerned with law and the contract he signed — cuts both ways. On the one hand, it will certainly annoy a Delaware chancellor; Delaware likes to think of itself as a stable place for corporate deals, with predi…

> What if the court orders Musk to close the deal and he says no? I can't believe people are taking this very silly statement seriously. This is utter nonsense. There are remedies for people who disobey court orders. Having assets makes you more vulnerable to a court's authority because you have something to lose. If a court orders specific performance and he doesn't do it then he's liable and the court will take his…

Well, throwaway09223, you certainly sound like as much an authority as a former Wachtell and Goldman Sachs associate. Strong arguments like "this is utter nonsense" and "this is so absurd [that I can't actually argue against it]" are sure to sway the educated crowd on HN.

If you would like to go see ways in which the government fails to penalize powerful entities, look no further than the financial crisis fines. What you were told were 10 figure fines ended up becoming a few million dollars in consumer relief headaches

Re: Elon’s Out

#336

Post by scaramanga »

abirch wrote: post #287
almost_usual wrote: post #164

Earlier quoted context omitted.

Don’t invest in a company ran by a lunatic?

Twitter employees are watching the board force a lunatic to buy their company.

Because they know he has absolutely no ability to do so. They are simply trying to collect legal fees at this point.

Re: Elon’s Out

#337

Post by daenz »

danielheath wrote: post #280
daenz wrote: post #247

Earlier quoted context omitted.

Couldn't other shareholders sue the government for tanking the stock and essentially "stealing" value from them?

They could certainly try; you can start a lawsuit without any real basis if that's how you want to spend your money. Trying to argue, in court, that you are entitled to have your investment insulated from loss due the primary owner selling it?

>due to the primary owner selling it

We were talking about the courts seizing the assets though, it's not being voluntarily sold.

Re: Elon’s Out

#338

Post by brianwawok »

tambourine_man wrote: post #329
smaudet wrote: post #306

Earlier quoted context omitted.

Depends I guess on how 007 you think the world operates (reference to James Bond) - X will happen, but maybe 2-10 years after various counter-suits. Case studies are what has happened e.g. with Microsoft, other large businesses - long legal battles are fought, nothing happens while things are in limbo. When the rubber finally hits the road, things happen fairly quickly, but until then it does look a bit like "nothing…

What has happened to Microsoft? They still have a default browser pre-installed, Office wasn’t spun-off to another company… and I don’t remember the Java stuff anymore but I think nothing happened either, even though it’s a lot less relevant now.

The stuff stuff made them spin off C#, which likely made them more money

Re: Elon’s Out

#339

Post by LegitShady »

ethagknight wrote: post #276

I find it amazing that not one of the top comments gives Elon ANY consideration that maybe, just maybe, he has a legitimate case against Twitter. We don’t know what he’s found, what he was told, what he was promised, what changed on Twitter’s side. Some very top level people bailed or were fired shortly after Elon’s acquisition proposal was announced. It sure appears that Elons is just balking, but what is far more l…

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