spongesking
spongesking t1_izg7mmp wrote
Reply to comment by drunkenviking in [OC] Largest IPOs in history by giteam
Not true. Stocks are divided into preferred and common stocks. The difference is that preferred stocks don't have voting rights; common stocks do.
I know the US government bought preferred stocks, but don't know how much. So, this could imply the US government wasn't the "true main shareholders".
spongesking t1_izh2i3b wrote
Reply to comment by drunkenviking in [OC] Largest IPOs in history by giteam
No problem, just clarifying, because usually reality is more complex.