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Joined 1 year ago
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Cake day: July 3rd, 2023

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  • It happens semi-regularly. Unfortunately it doesn’t turn out like you’d think.

    The company immediately bankrupts itself, but all of its assets and funds are protected by S-Corp and LLC chicanery; so they end up paying less than they would have if they stayed afloat and got fined, and now they’ve got a “new” company with the same people doing the same thing that’s protected from lawsuits.

    Because that’s how we designed the system.

    And by we, I mean the oligarchs that keep us fighting among ourselves instead of at them.