Announcing GoogleSquared, it's an entity which is entitled to precisely half of Googles profit (or loss) in any year before stock buy backs and dividends. It will buy back exactly as many shares of stock as Google does every year, issue exactly as many stocks as Google does every year to exactly the same entities, and issue exactly the same dividends, and do nothing else.
Every google stock owner gets 1 share per share of google stock.
(perhaps thumbing the nose a bit too much, but the general idea...)
I wish there was a way to turn “I’m pretty sure this business is pulling some BS” into “Just shut them the fuck down already”. But that would probably require the Justice system to work.
