Customer Review

Reviewed in the United States on October 8, 2017
I'm actually a fan of Lee Child/Reacher. I've read most of them (not in order) and enjoyed them. I have assumed that Child did his homework on military matters, forensic science, etc, because it all sounded realistic to me. But now I wonder. His knowledge of securities markets, public companies, and business in general is infantile. Let us hope he was at the time a bit, um, naive about such matters. Just a few quick examples: 1) if the CEO of a public company really only needed $1mil to keep his company alive for a short transition period, he'd just ask his board members who would likely write the check themselves. 2) no CEO of a publicly traded company can issue stock as collateral for a loan without board approval, and never would do that without legal guidance. 3) if the company did issue 30+% of the companies stock to secure a loan, the acquirer would have to file a 13d with the SEC, and would 100% be restricted from selling for some period. In short, there's zero chance that any company would borrow on those terms, and zero chance the lender would be able to sell the stock the same day as the loan docs were signed. Not even close to reality. I closed the book and deleted it from my ipad
10 people found this helpful
11 comment Report abuse Permalink

Product Details

4.5 out of 5 stars
4.5 out of 5
6,663 global ratings