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I was just listening to a podcast last night, in which a financial analyst who identified problems with Wirecard was harrassed for years, both online and IRL. I
by geophile 6y ago
I was just listening to a podcast last night, in which a financial analyst who identified problems with Wirecard was harrassed for years, both online and IRL. Interesting story: https://www.npr.org/transcripts/868001948 https://www.npr.org/transcripts/868001948
- saberdancer 6y agoIt was on HN couple of days ago. Quite interesting even though I expected more info about the fraud in the podcast.
- mintplant 6y agoInvisibilia is more about human factors than business ones.
- tenpies 6y agoWhat's really interesting is seeing the same people sound the same alarms about extremely popular companies that continue to trade today, and yet our regulators, auditors, and journalists all ignore them. We really never learn. If I were a regulator I would be taking short seller statements extremely seriously when it comes from one of the proven reliable ones.
- deleted 6y ago[deleted]
- greenhatglack 6y agoThough I can't speak for regulators and auditors, you have to keep in mind that 99% of journalists are just hired guns who's sights are specified ahead of time. Since no one with power had their sights on Wirecard, nothing happened - it's not unexpected.
- AndrewBissell 6y agoJohn Carreyrou managed to take down Theranos despite the fact that Elizabeth Holmes appealed directly to the owner of his paper, who sat on her board.
- klyrs 6y ago> keep in mind that 99% of journalists are just hired guns who's sights are specified ahead of time. That's a pretty specific claim you're making. Got a source?