Re:‘The China Hustle’, a finance documentary
by krona on Sunday April 01, 2018 @06:45AM
(#16727657)
Presumably, these restructurings were fraudulent under German/EU law? Otherwise I don't see how your comparison works.
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Re:‘The China Hustle’, a finance documentary
by coldtea on Sunday April 01, 2018 @09:24AM
(#16728145)
Perhaps his point is that law and morality are not the same thing.
Re:‘The China Hustle’, a finance documentary
by iforgotpassword on Sunday April 01, 2018 @02:36PM
(#16729746)
Yes some apparently were. Märklin sued and won iirc.
But even if it were totally legal, restructuring a company with the goal of pumping all the money out of it and then just watching it crash and burn just doesn't sound like it should be. Not any more legal than whats described in this article, in my humble understanding of right and wrong.