Re: the HP board of directors fear for their lives
"strangely, it is actually ILLEGAL to use borrowed money to buy stock [for individuals, anyway - since the Great Depression it has been so in the USA]. I have to wonder how it is that a CORPORATION can get away with doing that... maybe it's just "a loophole" ?"
No it's not. As an individual, it's called buying on margin if the loan comes from the broker directly. Shorting is also a form of buying on margin. I've done both in the past.
As a corporation, it's called a Leveraged Buyout.