GiddyGap@lemm.ee to politics @lemmy.world · 6 months agoCompanies Targeted For Pride Support Last Year Go Quiet On Social Media In 2024www.forbes.comexternal-linkmessage-square64fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkCompanies Targeted For Pride Support Last Year Go Quiet On Social Media In 2024www.forbes.comGiddyGap@lemm.ee to politics @lemmy.world · 6 months agomessage-square64fedilink
minus-squareApostleO@startrek.websitelinkfedilinkarrow-up0·6 months agoThat must be hyperbole, right? Like… The Enron guys at least, right?
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkarrow-up0·edit-26 months 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-up0·6 months 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-up0·6 months agoThose… are examples of straight-up fraud. Of course that’s illegal.
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.