How can you live without knowing this?

[PKRWUD]

Originally posted by 302 LX Eric
As for the Bill Gates thing, if he were to 'cash out' the SEC would require him to disclose the sale prior to selling his thousands of shares of Microsoft which would immediately send the price plummeting. He would need to liquidate in 'small' (a relative word here) amounts of shares over a long period in order for the markets to withstand the large influx of shares without diluting the shares market value to a large extent. The public perception of Mr. Gates selling off large amounts of shares alone would be disastrous.

It would be cool though if they could pay him out in pennies or even dollar bills for that matter. Could you imagine what $55 billion would look like in $1 bills!!!!!

E

It's hypothetical, Eric, c'mon.

BTW, I still can't find the exact numbers, but I remember the important points that made it work was that it could only be paper money that was in circulation within our borders.



Take care,
~Chris