Americans were drowning in debt even before the COVID-19 pandemic hit the country and stalled the economy and cost many their jobs. The unemployment rate has decreased since its peak in April at 14.7%, but it is still around 10%.
The order comes after Holmes' lawyers suggested they were going to introduce evidence from Mindy Mechanic, a California State University at Fullerton professor specializing in psychosocial consequences of violence, trauma and victimization.
New expenses associated with GAAP accounting for Musk's compensation could threaten the four consecutive quarters of profitability that the company needs to qualify for inclusion into the S&P 500.
There's no better example of groupthink taking over people's common sense than $41.7 billion clothing retailer Lululemon, who sells signature yoga pants for $128, holding a seminar on "resisting capitalism".
"We have gathered extensive evidence—including recorded phone calls, text messages, private emails and behind-the-scenes photographs—detailing dozens of false statements by Nikola Founder Trevor Milton. We have never seen this level of deception at a public company, especially of this size."
"If he were to cause problems by being disruptive, trolling, or engaging in unethical behavior of any kind, I would immediately document it (just like I would for any student doing the same thing) and he would just be putting himself in a position for me to file a conduct report."