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To: LLCF who wrote (28188)1/29/2003 10:59:48 PM
From: Ilaine  Read Replies (1) | Respond to of 74559
 
>>riskless asset<<

Won't do the job. Ownership requires risk.

Admittedly there's a big difference between risk without recourse and with recourse. That is - if you lose, do you lose only the value of the asset - the share - or can they come after you for more?

Corporations are ipso facto ownership without risk.