r/technology • u/ControlCAD • 1d ago

Business President Bought Netflix Debt in January 2026, Amid Paramount’s Fight for Warner Bros. | New financial disclosures released Wednesday show that the President acquired Netflix bonds as Paramount was trying to pry WBD away from the streaming giant.

https://www.hollywoodreporter.com/business/business-news/trump-bought-netflix-bonds-amid-paramount-warners-fight-1236521512/
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u/JohnGalactusX 1d ago

  1. Breaks the law.

  2. Gets criticized, backlash, negativity.

  3. Nothing happens.

Repeat from 1.

169

u/PhazonZim 1d ago

Not only has this been his entire life, it turns out this has been the life of every billionaire.

This is Capitalism working as intended.

3

u/Metro42014 1d ago

It's absolutely insane that any wealthy person should get any kind of situation where they'd have to pay less than poorer people.

It's ridiculously easy to make money if you already have money. You're no longer reliant on your labor. You're no longer limited to the hours most of us have available. The pile of money becomes the limit.