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Shibboleth, I have just got in from visiting a neighbour, his daughter works for EA Games. He told me that they are in a process of a leveraged buyout.
Being headed by Donald Trump’s son-in-law, Jared Kushner
https://en.wikipedia.org/wiki/Electronic_Arts
$55 billion.
This is a firm that makes computer games for teenagers, although they moving in to AI.
They make nothing useful, yet a consortium of very rich people think it is worth investing and borrowing a monstrous sum of money.
To me all nonsense.
This is the modern world, whereby very rich people trick poor people, the poor get poorer and the rich get richer, all to no benefit for society.
