A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter’s stock price in the tumultuous months leading up to his 2022 acquisition of the social media company for $44 billion. But it absolved him of some fraud allegations, finding that he did not “scheme” to mislead investors.

    • technocrit@lemmy.dbzer0.com
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      23 hours ago

      Is this your first time in capitalism? That’s how every fine works. There are no punishments for the privileged.

      The president is a pedophile who has been prosecuted for like 30 felonies. They’re not fining the creep at all. That’s reality.

    • yabbadabaddon@lemmy.zip
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      2 days ago

      This does not work because he will find a way to have 0 income (legally). I don’t know how we can make the billionaires pay, but we should tax the assets not the incomes.

    • TronBronson@lemmy.world
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      2 days ago

      That’s the problem with Mr. musketeer he doesn’t actually show income. That’s why we’re always complaining about how billionaires don’t pay income tax.

    • MonkderVierte@lemmy.zip
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      2 days ago

      It should be the amount he made from it + a fine. It’s how the middle class gets handled.