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  rickkolk  

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by rickkolk
11-13-14
Capitalism
Mr Jones , What is Capitalism?
Sure thing, so let's say you have two cows. You sell three of them to your publicly listed company, using letters of credit opened by your brother-in-law at the bank,
Wait, what?
then execute a debt/equity swap with an associated general offer so that you get all four cows back, with a tax exemption for five cows. The milk rights of the six cows are transferred via an
WTF!
intermediary to a Cayman Island company secretly owned y the majority shareholder who sells the rights to all seven cows back to your listed company. The annual report says the company owns eight cows
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