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A comment on Icahn Enterprises Issues Statement Regarding Twitter Account of Chairman. Parent comment

Re:Icahn Enterprises Issues Statement Regarding Twitter Acco... by toyg on Wednesday August 14, 2013 @05:57AM (#6210653)
That's quite a nice scheme for free money, if you are that sort of person: "Hey dude, our share price could do with a kick, fancy a tweet or two? I'll give you 1% of the rallied price." That'd be 170 million dollars for two tweets, I bet not even the likes of Icahn would sneeze at that sort of petty cash. Obviously the money moves from Bahamas to Bermuda and the SEC is none the wiser.

Internet-enabled finance is terrifying.

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Re:Icahn Enterprises Issues Statement Regarding Twitter Acco... by toyg on Wednesday August 14, 2013 @12:19PM (#6212392)
Yeah but it'd have been much slower and riskier: the combo of instant broadcasting and instant money-transfer abroad hugely amplifies rewards.
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Re:Icahn Enterprises Issues Statement Regarding Twitter Acco... by slykat on Wednesday August 14, 2013 @11:05AM (#6211929)
This could have happened pre-internet through press. It'd a bit more more difficult logistically but this has always been possible.
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