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by ablerman 3491 days ago
Having his family take over the business isn't a blind trust. https://en.wikipedia.org/wiki/Blind_trust
1 comments

Just because his family is managing it (IE: employees) doesn't mean they own the assets. The blind trust is most likely with people unrelated to him or the family.

EDIT: HN is an insult to my intelligence.

>Just because his family is managing it (IE: employees) doesn't mean they own the assets

Blind trust is not about whether you own the assets or not, it's about NOT knowing what the assets are (hence "blind").

He and his family know what the assets are, which is what brings all the potential conflicts of interest.

>HN is an insult to my intelligence.

Not judging from the above comment.

You have a basic misunderstanding of the issue at hand because you didn't bother reading the article. Not only are you ignorant of the facts (what a blind trust is), you then accuse others of insulting your intelligence. On the face value of your comments, the claim that you possess any intelligence appears dubious.
Family is different than employees. Your argument is an insult to our intelligence.