There’s gonna be high-fives and cigars for all of the lawyers and lobbyists who have successfully executed on the strategy to spin off the ultra-high-revenue-generating but secretly-ultra-toxic asset into a standalone entity before the heat got turned on. J&J is trying to do this with the whole talc thing but it’s probably too late.
I am totally, totally impressed by Google’s government and legal people. They’ve gotten the company out of almost every mess unscathed, and even done something to erase its most senior executives’ rumored associations with Jeffrey Epstein. It’s truly remarkable. In my ultimate fantasy, they’d be working for the greater good, rather than against it, but alas.
The spinoff isn’t as significant as you might think - all the restructure did was aid in financial reporting and further separate things like Verily from the Ad business.
Can’t they pull a J&J-type bankruptcy if things got really expensive for Google? I mean, obviously none of us expect this, but it’s still only possible when everything is in its own container.
There’s gonna be high-fives and cigars for all of the lawyers and lobbyists who have successfully executed on the strategy to spin off the ultra-high-revenue-generating but secretly-ultra-toxic asset into a standalone entity before the heat got turned on. J&J is trying to do this with the whole talc thing but it’s probably too late.
I am totally, totally impressed by Google’s government and legal people. They’ve gotten the company out of almost every mess unscathed, and even done something to erase its most senior executives’ rumored associations with Jeffrey Epstein. It’s truly remarkable. In my ultimate fantasy, they’d be working for the greater good, rather than against it, but alas.