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I mean, in Wirecard prosecutors literally went after short sellers with criminals charges. For years. They only dropped charges a few months ago after a donatio
by marcinzm 6y ago
I mean, in Wirecard prosecutors literally went after short sellers with criminals charges. For years. They only dropped charges a few months ago after a donation was made to a charitable organization. Seems pretty similar and pretty corrupt to me.
https://www.reuters.com/article/us-wirecard-accounts-germany-insight/germanys-long-lonely-campaign-battling-wirecards-short-sellers-idUSKCN24H0KM https://www.reuters.com/article/us-wirecard-accounts-germany...
edit: I guess "we'll ruin you and throw you in jail" is better than "we'll throw you out a window" but it's still pretty bad.
edit2: And if Wildcard hadn't imploded there'd have been no scandal about prosecutors going after critics. No issues with silencing complaints or limiting freedom of speech. Just another part of doing business against companies the government support.
- thespiceisloco 6y agoHN silences people like you. Be careful.
- dang 6y agoHN silences people from commenting about Wirecard?! https://news.ycombinator.com/item?id=23874420 https://news.ycombinator.com/item?id=23874420
- lima 6y ago> I mean, in Wirecard prosecutors literally went after short sellers with criminals charges. For years. They only dropped charges a few months ago after a donation was made to a charitable organization. Seems pretty similar and pretty corrupt to me. Corruption, or (gross) incompetence? Don't attribute to malice what can be sufficiently explained by stupidity. Misplaced trust, broken culture, political pressure, or even actual corruption - we simply don't know what happened.
- raincom 6y agoGermans are known for competence, industriousness, according to their PR or propaganda department. So, incompetence is ruled out.
- marcinzm 6y agoEven if you assume incompetence for not realizing Wirecard is a scam, using prosecutors to harass and threaten opponents of the company is corruption.
- AndrewBissell 6y ago"Don't attribute to malice what can be sufficiently explained by stupidity." This line isn't nearly as clever as everyone who quotes it thinks it is.