Andy@slrpnk.net to Memes@lemmy.ml · 16 hours agoThey can't hold out foreverslrpnk.netimagemessage-square31fedilinkarrow-up1319
arrow-up1319imageThey can't hold out foreverslrpnk.netAndy@slrpnk.net to Memes@lemmy.ml · 16 hours agomessage-square31fedilink
minus-squareeldavi@lemmy.mllinkfedilinkEnglisharrow-up5·15 hours agoeverything they own is insured and you would be doing them a favor if they could collect on the insurance money instead of holding onto the assets.
minus-squareryathal@sh.itjust.workslinkfedilinkarrow-up2·11 hours agoProbably not. At their level it’s probably self insured, so they lose the money.
minus-squareeldavi@lemmy.mllinkfedilinkEnglisharrow-up1·11 hours agoSomeone will lose money, but it won’t be blackrock
minus-squarefuckwit_mcbumcrumble@lemmy.dbzer0.comlinkfedilinkarrow-up8·15 hours agoInsurance will start dropping them fast if it really catches on. A few wouldn’t affect anything. But hundreds?
minus-squareeldavi@lemmy.mllinkfedilinkEnglisharrow-up6·15 hours agoanytime an insurance company withdraws from an arena; they pay out to their biggest policy holders anyways and blackrock has to be the biggest.
everything they own is insured and you would be doing them a favor if they could collect on the insurance money instead of holding onto the assets.
Probably not. At their level it’s probably self insured, so they lose the money.
Someone will lose money, but it won’t be blackrock
Insurance will start dropping them fast if it really catches on. A few wouldn’t affect anything. But hundreds?
anytime an insurance company withdraws from an arena; they pay out to their biggest policy holders anyways and blackrock has to be the biggest.