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The Bob Cesca Podcast: OK Boomer

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Dangerman11/13/2019 3:25:44 pm PST

re: #149 KGxvi

Which happens whether you’re dealing with a corporation or a sole proprietor. Corporations/LLCs were mostly created to allow people to get capital that wasn’t a loan while also protecting investors by creating something other than a general partnership.

The excesses of corporations isn’t so much the money aspect as it is the rise of shareholder primacy among publicly traded business management types.

True though with a sole prop you can try and go after the individual