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A comment on Elon Musk to join Twitter’s board of directors. Parent comment

Re:Elon Musk to join Twitter’s board of directors by abduhl on Tuesday April 05, 2022 @12:12PM (#30920850)
You’re allowed to insult the government. You’re not allowed to lie to the government when filing substantive documents.
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Re:Elon Musk to join Twitter’s board of directors by next_xibalba on Tuesday April 05, 2022 @01:25PM (#30921960)
What is the substantive effect on the public (aka "investors") if this value in this field on this form was incorrect?

This is a tempest in a teapot. People who don't like Musk are pointing to it and saying, "See? SEE!? He is a liar. He is bad."

But the reality is, this doesn't actually hurt anyone and its not really a big deal at all.

But let's take the least charitable interpretation and play it out: Musk filled out the form himself. He intentionally with malice aforethought lied. The day after the SEC form becomes public, he takes a board seat. What is the material damage done to the public?

Twitter shareholders got a huge 2-day pop. That would have happened regardless of Elon's intent.

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