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<p>[QUOTE=&quot;mlov43, post: 1861538, member: 16729&quot;]Hmm.&nbsp;&nbsp; Good advice about keeping &quot;you&quot; and &quot;the business&quot; <u>separate</u>.</p><p><br /></p><p>Now, let&#039;s say a certain John Q. Citizen gets his business going.&nbsp;&nbsp; I mean REALLY going.&nbsp; It gets really big annual sales in the &#039;millions&#039; of dollars.&nbsp; The business goes public, getting traded on the stock market.&nbsp;&nbsp; The business, and owner, get wealthy from its high, investment-grade, stock prices (don&#039;t ask me how this happens, okay?&nbsp; I, too, am entertaining my own little fantasy here).</p><p><br /></p><p>But then he gets into debt, big debt, trying to expand (a huge investment in vending machines placed in bars and nightclubs that dispense Intercept Shield products is a big flop).&nbsp; He&#039;s in trouble:&nbsp; Even if he sells off assets, he won&#039;t be able to recoup, by any (uh, legal) means.</p><p><br /></p><p>How to keep the debt from hurting his stock price?&nbsp; Well, what&#039;s stopping him from establishing numerous&nbsp; &quot;Limited Liability Special Purpose Entities&quot; that could allow him to transfer liability so that it would not appear in &quot;the business&#039; &quot; accounts, allowing his business to maintain a robust and generally increasing stock price and thus keeping its critical investment-grade credit ratings?</p><p><br /></p><p>&quot;Cookin&#039; the books&quot; a LITTLE ain&#039;t all that bad, is it?&nbsp; Legal?[/QUOTE]</p><p><br /></p>

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