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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (3840)10/30/2019 8:12:40 AM
From: Elroy Jetson  Respond to of 13801
 
Oddly, lending employee's retirement money out as financing for customers wouldn't be legal in the US as it's not an "arm's length transaction" - ie. the borrower is "a related party".

If Siemens was a US companies they could invest their employee's retirement money in Siemen's stock or lend it out to far worse borrowers - they just have to be borrowers the company is not doing business with.


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