I wish I could explain this to people. I’m a CPA and attorney with a focus on securities and complex corporate transactions. I don’t do this work anymore bc it did not sit well with me. I explicitly remember working on some BS engineered financial instruments right after the bust in 2008, thinking “these a-holes learned nothing. They don’t care.” I’ve sat on the calls. I’ve read the emails. I’ve worked on the transactions. I’ve been counsel to politicians. It really is rigged, and the “powers” know most of what they are doing is over the head of your average person.
I wonder if Martha Stewart is still steaming from her prison sentence, because since then, we have watched a lot of people do much worse and walk without so much as an investigation.
I wish I could explain this to people. I’m a CPA and attorney with a focus on securities and complex corporate transactions. I don’t do this work anymore bc it did not sit well with me. I explicitly remember working on some BS engineered financial instruments right after the bust in 2008, thinking “these a-holes learned nothing. They don’t care.” I’ve sat on the calls. I’ve read the emails. I’ve worked on the transactions. I’ve been counsel to politicians. It really is rigged, and the “powers” know most of what they are doing is over the head of your average person.
I wonder if Martha Stewart is still steaming from her prison sentence, because since then, we have watched a lot of people do much worse and walk without so much as an investigation.
That dude is such a great example.
His biggest sponsor is literally a financial auditor.
Gets busted for insider trading. Gets to work out a sweetheart deal and somehow keeps his sponsorship.
Literally wears the same hat and nobody has ever even asked him about it as far as I know.
He's a huge gambler in every arena. I've heard stories about his sports gambling losses. It isn't pretty.