4 ms·

“However, we realize the announcement may have caused some confusion.“ Gotta love corp-speak. “We lied our asses off but didn’t realize you’d catch on so fast

“However, we realize the announcement may have caused some confusion.“ Gotta love corp-speak. “We lied our asses off but didn’t realize you’d catch on so fast.”

jancsika 8y ago
It's difficult to imagine a situation where an individual could get away with something like this. Suppose someone gets a gig playing church hymns, and instead they stubbornly play an impromptu hour-long jazz interpretation of "Free Bird" until the police are called. What would happen if their response to the churchgoers was, "I was excited and humbled by the response I received yesterday! I'll be revamping my accompaniment style in preparation for next week's service!" Would any church's response really be, "Well, ok, as long as you're sure you won't do a completely incompetent job next time..."
- Godel_unicode 8y ago
  You've never seen someone screw something up, apologize for screwing up, and promise to do better next time? I find that hard to believe.
  - village-idiot 8y ago
    It’s more surprising when everyone lets them try a second, third, or fourth time
    - dvtrn 8y ago
      Has Robinhood here slipped up multiple times like this? I'm asking as someone who's only heard of the product, never tried it, doesn't look remarkably interesting to me/doesn't fill a financial need I have, never gave it much thought aside from this latest fuss.
      - dmoy 8y ago
        Few times a year they have problems where people can't log in and execute trades for hours or so. Earlier this week (last week?), they shut down all options trading. Not the sort of stability I'm looking for in a brokerage. But I'm also a very boring/lazy investor.
      - rchaud 8y ago
        Not to my knowledge, this is a pretty big screwup, at least reputationally. Robinhood's entire spiel is about how the big banks are bloated and sell you products you don't need (all of which can definitely be true). But I have never once doubted my bank's ability to comply with financial regulations and keep my cash safe.
      - village-idiot 8y ago
        Robinhood specifically? No. But it’s not exactly hard to find cases where corporations make the same mistake repeatedly to no change and no consequence. Facebook’s habit of “accidentally” changing everyone’s privacy settings comes to mind
- Matticus_Rex 8y ago
  I mean, isn't that essentially a metaphor for Donald Trump's presidency and his devotees' response?
Reedx 8y ago
I think a modified version of Hanlon's razor could be applied here: Never attribute to malice that which is adequately explained by hubris.
- hobs 8y ago
  Sufficiently amplified hubris is indistinguishable from malice.
justapassenger 8y ago
https://www.youtube.com/watch?v=15HTd4Um1m4 https://www.youtube.com/watch?v=15HTd4Um1m4

“However, we realize the announcement may have caused some confusion.“ Gotta love corp-speak. “We lied our asses off but didn’t realize you’d catch on so fast.”

jancsika 8y ago

It's difficult to imagine a situation where an individual could get away with something like this. Suppose someone gets a gig playing church hymns, and instead they stubbornly play an impromptu hour-long jazz interpretation of "Free Bird" until the police are called. What would happen if their response to the churchgoers was, "I was excited and humbled by the response I received yesterday! I'll be revamping my accompaniment style in preparation for next week's service!" Would any church's response really be, "Well, ok, as long as you're sure you won't do a completely incompetent job next time..."

Godel_unicode 8y ago
You've never seen someone screw something up, apologize for screwing up, and promise to do better next time? I find that hard to believe.
- village-idiot 8y ago
  It’s more surprising when everyone lets them try a second, third, or fourth time
  - dvtrn 8y ago
    Has Robinhood here slipped up multiple times like this? I'm asking as someone who's only heard of the product, never tried it, doesn't look remarkably interesting to me/doesn't fill a financial need I have, never gave it much thought aside from this latest fuss.
    - dmoy 8y ago
      Few times a year they have problems where people can't log in and execute trades for hours or so. Earlier this week (last week?), they shut down all options trading. Not the sort of stability I'm looking for in a brokerage. But I'm also a very boring/lazy investor.
    - rchaud 8y ago
      Not to my knowledge, this is a pretty big screwup, at least reputationally. Robinhood's entire spiel is about how the big banks are bloated and sell you products you don't need (all of which can definitely be true). But I have never once doubted my bank's ability to comply with financial regulations and keep my cash safe.
    - village-idiot 8y ago
      Robinhood specifically? No. But it’s not exactly hard to find cases where corporations make the same mistake repeatedly to no change and no consequence. Facebook’s habit of “accidentally” changing everyone’s privacy settings comes to mind
Matticus_Rex 8y ago
I mean, isn't that essentially a metaphor for Donald Trump's presidency and his devotees' response?

Reedx 8y ago

I think a modified version of Hanlon's razor could be applied here: Never attribute to malice that which is adequately explained by hubris.

hobs 8y ago
Sufficiently amplified hubris is indistinguishable from malice.

justapassenger 8y ago

https://www.youtube.com/watch?v=15HTd4Um1m4 https://www.youtube.com/watch?v=15HTd4Um1m4