• 116 Posts
  • 1.72K Comments
Joined 1 year ago
cake
Cake day: June 13th, 2023

help-circle











  • That is great but you can’t move the shares to another dead person (in the show both he and his parents are assumed dead for years) so we are meant to think that they where held in trust, for who? Also while yes the board can force out a chair, but in the case of owning a controlling majority of the business (as stated) this would be pointless and silly, like in my Musk example the entire board would be sent packing. The writing was so poor that it strained my confidence in my own knowledge of basic corporate structure.



  • He was the Chair, the board “voted” him and 2 others out (somehow). The show states he got the controlling majority of voting shares from his father (also makes little sense since he was assumed dead but that is another gripe). He did not sell any shares as he is later returned to his position, this was just bad writing so they could have him be “poor” for a bit. This was a plot point about how it was his company but then written so poorly they seemed to forget how they set up the fictional company (ie. a private company where the majority of class A shares is held by one person). This would be like if elon musk (Kirkland brand Dr. evil) was booted from space X, everyone would be super confused as to how.

    So yeah, this was the end of comic book movies for me, it killed it. They wrote something so bad that the only thing that sticks with me to this day is the hot mess of corporate structure.






  • I am not sure you understand how a mortgage works. Why would I have $375,000 on a mortgage for a house I bought for $185,000 over a decade ago?

    The bank “owns” only what is owning on the mortgage with the property and buildings on it as collateral. Even if I stopped paying all together (for some reason) the bank does not want the house, they want the money and will force a sale though foreclosure.

    The issue is that we now have two “classes” of non rich people, those that spend money on rent (a cost without equity) and those like me ether old enough or lucky enough to have a mortgage where the money we spend on a mortgage (reducing that debit) is not wasted and the value of our homes keeps going up.