Re: Moving company bank money around...

Simon wrote:

Ronald Raygun wrote:
Simon wrote:

Tim wrote:
Of course. But how does any of that suggest that the
shareholders didn't *already* "own" the 'net' part of the funds?
Because the company did. The shareholders own the shares, the company
owns the assets and cash.

Surely ownership is transitive. The owners of a company indirectly
own everything the company owns.

And its debts too, funny how they will hide behind limited liability for
that. Having one's cake and eating it comes to mind.

Indeed. That's the whole reason why the concept of a company exists.

.

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