@realcaseyrollins @freemo remember the time everyone raged because rachel maddow defamed someone and then her legal defense was i'm a professional liar so its fine and the court accepted it

good times

@icedquinn @freemo Yeah it's clear that the whole potential lying thing isn't what's affecting #FoxCorp's stock price

@realcaseyrollins @freemo there probably is something to that. i just mean the fox outrage seems manufactured.

church commission, smith mundt act, multiple massive court cases about how the press doesn't need to tell the truth, fact checkers can't be sued because fact checking does not require facts, and so on, but someone pulled the string on the NPC dolls so now its an outrage.

@realcaseyrollins

I mean when the settlement was first announced the stock dropped almost instantly by 3%.. now that Tucker resigned it dropped almost immediately by another 5%. So I'd say its like tuckers resignation fueling it to go even lower, but still a result of the case I'm sure. His resignation alone wouldnt be nearly as impactful otherwise.

@freemo I'm pretty sure the impact would be the same. #TuckerCarlson is by far the most popular and successful figure in cable news.

@realcaseyrollins He is certainly popular, and no doubt there would have been some impact alone. But being found in court to lie to the tune of 1 billion is going to have pretty wide spread impact.

@freemo And yet, it caused a smaller dent than #TuckerCarlson's departure.

One of these events is a one-time sunk cost. The other events is a likely perpetual reduction of income. From a stockholder's standpoint, the sunk cost can be recovered from, but you never know how long those perpetual losses will last