GiddyGap@lemm.ee to politics @lemmy.world · 2 years agoCompanies Targeted For Pride Support Last Year Go Quiet On Social Media In 2024www.forbes.comexternal-linkmessage-square64linkfedilinkarrow-up1373arrow-down16
arrow-up1367arrow-down1external-linkCompanies Targeted For Pride Support Last Year Go Quiet On Social Media In 2024www.forbes.comGiddyGap@lemm.ee to politics @lemmy.world · 2 years agomessage-square64linkfedilink
minus-squareMagicShel@programming.devlinkfedilinkarrow-up30·2 years ago no one has ever been found guilty of failing to fulfill fiduciary duty For as big a deal as is made of this by investment advisors and similar roles, this is shocking to read.
minus-squareApostleO@startrek.websitelinkfedilinkarrow-up7arrow-down1·2 years agoThat must be hyperbole, right? Like… The Enron guys at least, right?
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkarrow-up13·edit-22 years agoMadoff was straight up ponzi scheme fraud, not profit maximisation. Enron guys were fraudulently booking future possible revenues as certainties. Deliberate illegal misrepresentation is very different from making a (possibly) sub optimal business decision.
minus-squareMagicShel@programming.devlinkfedilinkarrow-up3arrow-down1·2 years agoA quick search suggests Enron and Bernie Madoff are a couple of examples of conviction, but maybe there are nuances I’m not familiar with.
minus-squareEmpricorn@feddit.nllinkfedilinkEnglisharrow-up6·2 years agoThose… are examples of straight-up fraud. Of course that’s illegal.
For as big a deal as is made of this by investment advisors and similar roles, this is shocking to read.
That must be hyperbole, right?
Like… The Enron guys at least, right?
Madoff was straight up ponzi scheme fraud, not profit maximisation.
Enron guys were fraudulently booking future possible revenues as certainties.
Deliberate illegal misrepresentation is very different from making a (possibly) sub optimal business decision.
A quick search suggests Enron and Bernie Madoff are a couple of examples of conviction, but maybe there are nuances I’m not familiar with.
Those… are examples of straight-up fraud. Of course that’s illegal.