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Posted
1 hour ago, Wrestleknownothing said:

The SEC has finally gotten around to Musk's purchases of Twitter stock and the associated securities laws violations. I think the SEC waited to long and now there is approximately zero chance he pays a fine. In another month he will effectively be above the law. Or more above the law. He kinda is already.

https://www.cnbc.com/2024/12/13/elon-musk-says-sec-sent-settlement-demand-after-twitter-deal-probe.html

 

Is he more above the law (currently) than 

that pardoned lady who stole 53.7 million from tax payers?

that ccp spy with all that chins porn ?

or 

hunter Biden?

or 

51 lying intel agents.  
 

rank them please.   From 1-5

Posted
10 minutes ago, Caveira said:

Is he more above the law (currently) than 

that pardoned lady who stole 53.7 million from tax payers?

that ccp spy with all that chins porn ?

or 

hunter Biden?

or 

51 lying intel agents.  
 

rank them please.   From 1-5

Well he saved $143.7 million on those purchases by not abiding by regulations, so yes. Number 1 with a bullet.

Got any other poorly thought out questions?

Drowning in data, but thirsting for knowledge

Posted
2 minutes ago, Wrestleknownothing said:

Well he saved $143.7 million on those purchases by not abiding by regulations, so yes. Number 1 with a bullet.

Got any other poorly thought out questions?

Saved or stole?   What has the left… who hates musk charged him with?

Posted
5 minutes ago, Wrestleknownothing said:

Well he saved $143.7 million on those purchases by not abiding by regulations, so yes. Number 1 with a bullet.

Got any other poorly thought out questions?

Who would or should have received the 143.7 million dollars? Just a question. Not trying to be smart.

Posted
11 minutes ago, Paul158 said:

Who would or should have received the 143.7 million dollars? Just a question. Not trying to be smart.

The people he bought the stock from without revealing he owned more than 5% of the company and that he had already begun negotiations to buy the company.

Drowning in data, but thirsting for knowledge

Posted
2 minutes ago, Wrestleknownothing said:

The people he bought the stock from without revealing he owned more than 5% of the company and that he had already begun negotiations to buy the company.

OK. Thanks. 

Posted

Also.  Elon bought twitter in what April of 2022.  977 days ago.   Is the timing of this suspicious at all?   Does it seem a little politically motivated?   Nah.  I’m prolly crazy lol 

Posted

It is a fairly straight forward issue. He waited 21 days to file his 13f form after surpassing 5% ownership. You are allowed 10 days. And he continued to buy the stock the entire time. And when he finally did file he failed to reveal that he was in negotiations to buy the company which is required of any 5%+ owners. It is not a serious violation, no one goes to jail for it, but it is a very obvious set of violations. For example, here are 23 such penalties for similar violations issued in September: https://www.sec.gov/newsroom/press-releases/2024-148

 

Drowning in data, but thirsting for knowledge

Posted
3 minutes ago, Caveira said:

Also.  Elon bought twitter in what April of 2022.  977 days ago.   Is the timing of this suspicious at all?   Does it seem a little politically motivated?   Nah.  I’m prolly crazy lol 

Exactly. It is such a clear violation. It should have happened long ago. By waiting this long it is pretty clear that he will never pay any fine. Hence above the law. Gensler is gone in a month and the man Musk spent $200 million on to get elected is certainly not going to pursue him. You know, because "politically motivated" as you like to say.

Drowning in data, but thirsting for knowledge

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