Andy@slrpnk.net to Memes@lemmy.ml · 2 months agoThey can't hold out foreverslrpnk.netimagemessage-square71fedilinkarrow-up1540arrow-down13
arrow-up1537arrow-down1imageThey can't hold out foreverslrpnk.netAndy@slrpnk.net to Memes@lemmy.ml · 2 months agomessage-square71fedilink
minus-squareeldavi@lemmy.mllinkfedilinkEnglisharrow-up8arrow-down1·2 months 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-squarefuckwit_mcbumcrumble@lemmy.dbzer0.comlinkfedilinkarrow-up11·2 months agoInsurance will start dropping them fast if it really catches on. A few wouldn’t affect anything. But hundreds?
minus-squareeldavi@lemmy.mllinkfedilinkEnglisharrow-up8·2 months agoanytime an insurance company withdraws from an arena; they pay out to their biggest policy holders anyways and blackrock has to be the biggest.
minus-squareryathal@sh.itjust.workslinkfedilinkarrow-up3·2 months agoProbably not. At their level it’s probably self insured, so they lose the money.
minus-squareeldavi@lemmy.mllinkfedilinkEnglisharrow-up2·2 months agoSomeone will lose money, but it won’t be blackrock
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.
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.
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