It seems when a company you work with goes bust, the subsidiaries of that company go with it too. This is important, and not something I think people take seriously.
In the case of this company:
https://en.wikipedia.org/wiki/The_House_Crowd#Risk_and_regulation
.... the company was structured to ringfence investor's money.
That doesn't work because it's a subsidiary, as far as I know.
Q: How would this have been structured better?
If you don't think this is relevant, consider:
the balance sheet of your bank, who owns that bank, what country that owning bank is in and whether there's any coverage from any entity for bailouts.
Thoughts and comments?
In the case of this company:
https://en.wikipedia.org/wiki/The_House_Crowd#Risk_and_regulation
.... the company was structured to ringfence investor's money.
That doesn't work because it's a subsidiary, as far as I know.
Q: How would this have been structured better?
If you don't think this is relevant, consider:
the balance sheet of your bank, who owns that bank, what country that owning bank is in and whether there's any coverage from any entity for bailouts.
Thoughts and comments?
