And the equity holders get wiped out, the old equity holders.

Now what's our mantra of this day and age I wonder?

They belong to his sponsor.

He'll be impaired a little bit.

Not the old shares.

I don't give it to my employees.

It's the split of just the equity part right over here

So essentially, whoever lent Loan C, all of these shares are now their shares.

She belongs to the Democratic Party.

And it's been a great motivator.

Yasumi,

The board of directors of a firm is essentially elected by the shareholders.

In the next step, we built the network around these companies, so we took all the TNCs' shareholders, and the shareholders' shareholders, etc., all the way upstream, and we did the same downstream, and ended up with a network containing 600,000 nodes and one million links.

Your honor,it's a clear indication that gregory malina was a functionary in arthur frobisher's conspiracy to defraud his employees and shareholders.

And it gets even more extreme.

And ask the respondent to stipulate that the articles of incorporation state the ownership as follows

And if there wasn't enough money to pay all of the debt holders, then the equity holders got nothing.

So if this company becomes worth a lot.

Handing the reigns to aa stump!

And whatever's left, people are paid with actually shares new shares of the company.

So you can imagine a world where GM goes bankrupt.

What kind of fugitive?

So what did we find after computing all this network control?

Ownership has its privileges.

So 5 million of liabilities.

The stockholders are making money hand over fist.

But I have let's see 700 of liabilities.

In a world without leverage so if I didn't have all this

Let me do it in a different color just so the equity stands out from the liabilities.

He still owns 7 of the company.

My new balance you will look like this 150 and 150.

So, remember, assets are equal to liabilites plus shareholder's equity, so if all of a sudden the market value of the equity, the market capitalization, for Ben's shoe company is 215,000... (That is the equity part right over here)

And then each of these guys would get 5.00.

because they're both on the right hand side.

And the links represent the shareholding relations, so shareholder A has x percent of the shares in company B.

They are words that connect two unequal things, dependent and independent clauses.

Well, if my assets are 500 and my liabilities are 700, then what is my equity?

And he owes this is his asset, and his liabilities is he owes one share of IBM to the broker.

So one way to think of it is Loan C gets first dibs on the assets.

Should Shareholders Be Kings?

So right now in this world, my assets are what?

I'm the sole shareholder.

So let's say this company has let me do it in mauve so this company's shares, let's say it has 1 million shares.

And in this case, if it's a publicly traded company, what is its shareholders' equity?

Well that means the people who own a stake in the company, or the shareholders, they share this piece.