Three million set aside, 62 billion dollar liability much worse than the car companies.

This is a liability.

Well, assets minus liability.

So that's a liability.

Why is it a liability?

Accounts Payable is a liability

That'd be my liability, right?

That could be a liability.

So I have zero liability.

All companies die, all companies.

Your liability would be the loan.

So now I have this liability.

I have 1,000 gold pieces liability.

And why is it a liability?

So it's a liability to me.

And pays off the liability holders.

So just this is liability, 750,000.

Subtract the liability from both sides.

We thought of people as a liability.

What is my assets minus my liability?

And then the offsetting liability for me,

Lynn Verinsky Because of liability insurance. (Laughter)

That we'll just put generally as liability.

So the only liability is this 5,000.

This is a liability for me, right?

So over here you had another liability.

liability side of the balance sheet as well.

that assets are equal to liability plus equity.

So he has a one IBM share liability.

For the liability side of my balance sheet

It has 4 billion of cash, 4 billion of liability, it could pay off its liability with that equity infusion.

And this is a liability, loan from Bank B.

On the liability side, the bank just owes a

So you have an Accounts Payable liability of 100 sorry, at this point we had no Accounts Payable liability and then after the end of the month we have an Accounts Payable liability of 100.

Completely equivalent companies.

Number of commercial companies out there? 12 to 15 companies.

So, as we have faced liability, we have stepped back and back, and unfortunately, where there is liability, guess what there is power.

And it might not be obvious. We're increasing a liability.

Japanese companies emphasize hierarchy.

Companies are losing control.

Maybe they're software companies.

See companies, they scale.

But there are companies.

Many companies say that.

He used shell companies.