SEC Sues Musk and Seeks Ban for His Tweets on Go-Private Deal

Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by quirkot on Thursday September 27, 2018 @04:44PM (#18088453)

Unless they ban him from being an executive at a publicly traded company

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by londons_explore on Thursday September 27, 2018 @05:31PM (#18088923)

Couldn't he assign the janitor to be the official 'CEO', but then give himself title of 'Visionary' and still make all the decisions?

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by jonknee on Thursday September 27, 2018 @05:35PM (#18088976)

The SEC would not find this amusing.

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by blotter_paper on Thursday September 27, 2018 @05:52PM (#18089109)

Putin would!

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by dang on Saturday September 29, 2018 @02:31AM (#18099020)

Please don't do this here.

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by MPSimmons on Thursday September 27, 2018 @05:45PM (#18089057)

Part of being a visionary CEO is making choices that other people don't like, and sticking with them. As a janitor, you can suggest all you want, but unless you're on the Board, you can't force things through (unless you rely on backchannel bribery or coercion or other unsavory means).

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by dragontamer on Thursday September 27, 2018 @07:05PM (#18089656)

Musk is also on the board.

But the SEC is also seeking to remove him from the board of any public company. So he'd lose his chair and the CEO position in this single case.

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