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More Trump silliness. Slim loaned the NY Times $250 million which the NY Times paid back. Other than that Slim is simply a minority stock holder with 17% of the publicly traded stock but none of the voting stock enabling control. NY Times stock is stable and well off its lows and the place makes money.
Slim is the NYT largest shareholder. Do you know what companies do when their largest shareholder tells them to do something?
He is not a holder of any of the stock that controls the company's operation. Zero. And he gets what anyone who owns nothing gets...nothing.
You are allowed to believe what you want, however you are not free to make up your own facts.
Slim doubled his stake in the Times to 16.8 percent last year after exercising options tied to a $250 million loan he gave the company that helped it survive the financial downturn in 2009. His current stake in the company is valued at more than $300 million.
If he owns options he own shares. If it is a traded company and he has a 16.8% stake he own shares.
If he has $300,000,000.00 invested in the NYT you better believe he has something to say about the operation of the company.
You are allowed to believe what you want, however you are not free to make up your own facts.
Slim doubled his stake in the Times to 16.8 percent last year after exercising options tied to a $250 million loan he gave the company that helped it survive the financial downturn in 2009. His current stake in the company is valued at more than $300 million.
If he owns options he own shares. If it is a traded company and he has a 16.8% stake he own shares.
If he has $300,000,000.00 invested in the NYT you better believe he has something to say about the operation of the company.
That gives him a right to share in the profits of the company. The company is organized so that those who have a financial interest in it have NO control over its operation. They know that when they buy it. So all Slim is doing is voting that the Times management can make the place profitable.
How come none of the Trump lies don't bother you Trump lovers?
How come the reporter lying about the MLK bust doesn't bother you?
Quote:
Originally Posted by lvmensch
Absurd. He was reporting on what his own eyes saw. He was wrong
How can you be wrong about "what your eyes saw"?
What his eyes SAW was a cameraman standing in front of the MLK bust so that HE (the reporter) couldn't see it.
Instead of looking behind the cameraman or waiting until the cameraman was gone, the reporter decided to make up a story -- "Trump the racist removed the bust of MLK!"
Quote:
but immediately corrected his tweet once he discovered it. And it was no where published as truth in a story by the media.
Doesn't matter.
He LIED.
He made a claim that had no basis in fact.
He did not check to see whether that claim was true before making the claim.
He is not a holder of any of the stock that controls the company's operation. Zero. And he gets what anyone who owns nothing gets...nothing.
wrong. If he chose to sell, the stock tanks, and the execs options lose hundreds of millions of value. That is why minority shareholders have tons of power. They can cripple the majority financially.
How come the reporter lying about the MLK bust doesn't bother you?
How can you be wrong about "what your eyes saw"?
Doesn't matter.
He lied.
He made a claim that had no basis in fact.
He did not check to see whether that claim was true before making the claim.
That is called lying.
Liberals lie it all the time.
So I guess I can understand why many of them would no longer recognize that they ARE -- in fact -- lying.
Boy your post show you really are a biased individual.
The reporter looked in what he believed was the proper place and saw no bust. Apparently behind an open door and an attendant. So he reported the truth as he personally saw it.
He realized a short time later he was incorrect and put out a correction.
Mistakes, particularly those quickly corrected, are generally considered unfortunate but not evil.
You do not back check your own eyes.
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