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3 days agoThe whole point of a pardon is “we know you did the crime, but don’t think you should be punished.” It can only come about if there’s an ulterior motive, like corruption or if you agree to work with the government towards their goals, initially working on dangerous projects etc. Allowing it to be overturned later would undermine that as it wouldn’t make the danger worth it.

The thing with PE is they only invest what they’re willing to lose, which the vast majority of their investments do, but the tiny fraction that don’t make enough money to fund profits and cover losses.
If 95% of companies in the stock market lost money, that’d be the end of days, but that’s because generally once you graduate to an IPO you have to be pretty profitable.