Those two are not the same. Just like mail.google.com isn't the same as google.com.
540 karma · joined January 18, 2008
Those two are not the same. Just like mail.google.com isn't the same as google.com.
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do_stuff()Actually it is perfectly rational; it just doesn't have as much to do with with a progressive tax as you might think: http://en.wikipedia.org/wiki/Marginal_utility
http://www.amazon.com/Selected-Computer-Science-Language-Inf...
(By the way, I support taking over the banks due to their unusual structure, the systemic risks they represent but do not properly account for due to a tragedy of the commons problem--where the commons is the system they are a part of--and for other reasons. I just don't think its not socialism.)
Relatively few public companies are in Citi's situation. I wasn't saying all public companies have to a pay a dividend or face a lawsuit. Supposing Citi is practically insolvent, it would be irresponsible (legally/fiduciarily, not morally) to shareholders not to try and launder out as a much money as possible. Once it is paid to shareholders as a dividend, creditors can't go after it.