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For those not swayed by the clickbaity title, here's a ChatGPT summary (prompt: "Summarize this article in 10 sentences or less, and focus on what changed in Di
by xz18r 3y ago
For those not swayed by the clickbaity title, here's a ChatGPT summary (prompt: "Summarize this article in 10 sentences or less, and focus on what changed in Dixon):
"Following the exposure of a staggering $54 million embezzlement by comptroller Rita Crundwell, Dixon, Illinois, underwent profound changes to prevent future fraud. The city, reeling from the largest municipal fraud in U.S. history, sought to rebuild trust and strengthen governance. It accomplished this by overhauling its government structure, introducing more transparency and professional management. These reforms included redesigning the city's form of government in 2015, which led to the election of new city council members and the former Tea Party activist Liandro Arellano, Jr. as mayor. Additionally, the recovery of approximately $40 million through the auctioning of Crundwell’s assets and lawsuit settlements facilitated significant infrastructural improvements. Streets were smoothed, public facilities renovated, and financial health restored as Dixon paid down $21 million in debt before making new investments. These efforts have not only improved Dixon's fiscal outlook but also contributed to a cultural and economic revival, positioning the city as an example of resilience and proactive governance in the face of profound betrayal."
- verticalscaler 3y agoI posted something similar on a code editor post (Zed) and it got flagged and removed with two negative comments. Might be worth it to ask mods for clarification. I personally don't understand the allergy to LLM assisted posting so long as it is clearly marked. It makes me think of proto-humans running into an unfamiliar tribe of not-quite-the-same-type-of-human and instinctually responding with violence. Maybe I'm thinking of that Prometheus movie.
- yieldcrv 3y agoI made it three paragraphs into this article before scrolling down way faster, seeing zero point being reached, and doing the same thing with chatgpt4 “What did Crundwell do in dixon illinois” I was also going to paste it here but HN site kept “not serving requests” and then this post was flagged by the time the site worked again. Common HN experience
- loeg 3y ago> Additionally, the recovery of approximately $40 million through the auctioning of Crundwell’s assets and lawsuit settlements Wow, how did she manage to incinerate $14M in value? Oh, it's worse than that: > The U.S. Marshals auctioned off Crundwell’s assets, which were really Dixon’s — including five properties, dozens of cowboy hats, $250,000 worth of jewelry, 400 horses and a large quantity of horse semen that fetched $98,500 — clawing back about $10 million for the city. The city got roughly a further $30 million in lawsuit settlements from the auditors and bank involved, neither of which had caught on to the theft. She incinerated $44M in value but the town got a huge windfall from its auditors because they didn't notice.
- yieldcrv 3y agothese were illiquid assets being sold at once in a firesale. the US Marshalls flooded the market and got bad prices. routinely check government auctions for these bad trades, lots of deals to be had
- sgtpepper1235 3y ago[flagged]