Didn’t their stock value drop by tens of billions? I would say that’s something, awareness at the very least. But it’s just a beginning. Certainly his Intent was to prevent mass murder.
If their stocks drop they can still use the difference in buy and sale values to deduct taxable income, meaning it will always be worth roughly 37% to the CEOs even if it becomes near worthless.
Plus they can just buy it back and wait for a rebound if they want to. It doesnt affect their normal operation.
They probably loaned their own stocks out to short sell and made profits.
I agree. I think that was his intent. I just don’t think it was successful. Even if UHC loses value (and the value it lost was actually negligible compared to its revenue even though it sounds like a lot), how many other insurance companies are out there making money hand over fist?
I’m just wondering if, in a few years when insurance companies are still raising premiums and still denying dying people care that people are still going to act like this is all it takes.
Didn’t their stock value drop by tens of billions? I would say that’s something, awareness at the very least. But it’s just a beginning. Certainly his Intent was to prevent mass murder.
If their stocks drop they can still use the difference in buy and sale values to deduct taxable income, meaning it will always be worth roughly 37% to the CEOs even if it becomes near worthless.
Plus they can just buy it back and wait for a rebound if they want to. It doesnt affect their normal operation.
They probably loaned their own stocks out to short sell and made profits.
I agree. I think that was his intent. I just don’t think it was successful. Even if UHC loses value (and the value it lost was actually negligible compared to its revenue even though it sounds like a lot), how many other insurance companies are out there making money hand over fist?
I’m just wondering if, in a few years when insurance companies are still raising premiums and still denying dying people care that people are still going to act like this is all it takes.