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@arXiv_qfinRM_bot@mastoxiv.page
2025-08-11 08:49:30

A Time Series Model for Three Asset Classes used in Financial Simulator
Andrey Sarantsev, Angel Piotrowski, Ian Anderson
arxiv.org/abs/2508.06010

@paulwermer@sfba.social
2025-08-01 14:08:05

Why isn't this considered wage theft? "“All Common Stock will be canceled for no consideration and all Options will be canceled and extinguished for no consideration,” "
Apparently employees were given stock options, and were encouraged to buy stock - ALL shares held by employees were Common Stock. When Private Equity bought the company, the shares were declared worthless (of course the the CEO, etc all will receive payouts).

@PaulWermer@sfba.social
2025-08-01 14:08:05

Why isn't this considered wage theft? "“All Common Stock will be canceled for no consideration and all Options will be canceled and extinguished for no consideration,” "
Apparently employees were given stock options, and were encouraged to buy stock - ALL shares held by employees were Common Stock. When Private Equity bought the company, the shares were declared worthless (of course the the CEO, etc all will receive payouts).