Also to load them up on with debt from other sources and then let them go bankru... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		stjohnswarts on Dec 31, 2020 \| parent \| context \| favorite \| on: Amazon still hasn’t fixed its problem with bait-an... Also to load them up on with debt from other sources and then let them go bankrupt. Which should be illegal.

cratermoon on Dec 31, 2020 [–]

Can you give an example? I don't disbelieve you, but it's not something I've come across. What do they do, take an accounting liability completely unrelated to the company, "sell" it to the company, thus putting it on the books there and off the books of the investors?

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact