Elon Musk Becomes Twitter’s Largest Shareholder…

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  • Ingomike

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    Full text.

    “Judge Kathaleen McCormick rescinded Elon Musk's $55 billion Tesla compensation package, overturning the company's board and 80% of its shareholders. McCormick also ruled against
    @elonmusk during his Twitter acquisition. Before becoming the head of the Delaware Chancery Court, McCormick worked at a Delaware law firm called Young Conaway.“

    “This firm and its employees have been major donors to President Joe Biden for decades. In 2016, Hunter Biden hosted a gubernatorial campaign event for Congressman John Carney, with then-Vice President Joe Biden as the guest speaker. This event took place at the Law Offices of Young Conaway in Wilmington, Delaware. Carney, a close friend of Joe Biden for the last four decades, later became governor and nominated Kathaleen McCormick, a partner at Young Conaway, to her position on the Delaware Chancery Court.“

    “In a March 2018 email, Hunter Biden claimed to personally know every judge on the Delaware Chancery Court while threatening legal action against his Chinese business partners. "I will bring the suit in the Chancery court in Delaware - which as you know is my home state and I am privileged to have worked with and know every judge on the chancery court."

    “After Elon Musk purchased Twitter with the stated goal of restoring free-speech, President Biden called for a federal investigation into Musk on the podium at the White House. Following this, the Biden Department of Justice, Securities and Exchange Commission, and Federal Trade Commission initiated legal actions and investigations against Tesla, SpaceX, and X.“

    “This recent decision by Judge McCormick, who worked with Biden's top donors and was nominated by Biden's close friend, to override Tesla's board and the majority of its shareholders is another clear example of the Biden administration and its allies weaponizing the American legal system against their political opponents.”
     

    Ingomike

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    KLB

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    With Musk financing the wrongful termination of an actress (Gina Carano) against Disney rumors are swirling he may be making a move to buy Disney.

    Wow! That would be incredible if he could buy it cheap, after the woke leftists have run it into the ground and return it to major glory. (And make billions in the process.)

    I doubt it is his move, but it would be nice to remove the wokeness from so many good franchises
     

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