Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ...
by TangoTrotFox on Friday September 28, 2018 @02:47AM
(#18091490)
Just taking a shot in the dark here. Perhaps, just perhaps, he had more information to base his decisions on than is available to you from a 'Tweet' and a couple of lines in a media article.
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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ...
by tptacek on Friday September 28, 2018 @06:54AM
(#18092389)
Musk-ites will be saying the same thing even if he's eventually ousted from Tesla and banned from running another public company --- an outcome that is now explicitly on the table thanks to how he managed Tesla over the past 3 months.
Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ...
by fipple on Friday September 28, 2018 @03:13AM
(#18091566)
This kind of thinking makes sense (Musk is smart, he must make decisions rationally) but it is sort of empirically denied. If Musk was so smart he wouldn't have called a random guy a pedo or violated securities law in public. After all, he has more information/advice available to him on securities law than you or I do.
Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ...
by TangoTrotFox on Friday September 28, 2018 @04:26AM
(#18091804)
Don't you find something off that you need to reference things that have yet to be resolved to find instances of him acting unjustifiably irrational? Neither statement he made has yet been shown to not be a statement of fact. If he was simply making up things in either case then he will pay, quite literally. If he wasn't then instead this will end up just being yet another 'sky is falling' moment that people will quickly forget before moving onto the next one.