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"Aggressive classification of operating expenses as investment can be used to artificially boost reported profits." The author of this article is Dan Crum a FT

• ivewonyoung 2y ago
  > The author of this article is Dan Crum a FT journalist respected for his investigations of financial fraud He had to just post a retraction and apology in the FT admitting he was wrong, so not well respected anymore. Of course the media won't report the retraction after regurgitating the original article. Not the first "expert" to use their reputation to successfully influence the public discourse with falsehoods.
  • AnimalMuppet 2y ago
    > He had to just post a retraction and apology in the FT admitting he was wrong, so not well respected anymore. One wrong statement does not make someone "not well respected". Well respected comes from being mostly right most of the time, not 100% error-free. > Of course the media won't report the retraction after regurgitating the original article. It won't get the same traction, certainly. This is true of all retractions, and has been for decades (centuries, probably). > Not the first "expert" to use their reputation to successfully influence the public discourse with falsehoods. This sounds like you're assuming a deliberate, planned intent to sell the public on what is false. I'd like to see your evidence for that. (Or do you not actually assume that, and your prose is implying more than you mean?)