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Criticizing Bloomberg as a poor source for finance-related reporting is kind of hilarious, but then I guess your position does seem vastly more credible when viewed through a lens that also rejects Bloomberg.

by nullstyle21 hours ago|

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newly created alt because apparently my main account has hurt too many feefees to allow me to respond to a discussion I'm having. "posting too fast" my swingin dick...

I'm not criticizing bloomberg, i'm criticizing you for posting paywalled links to support your position in an open discussion.

Given I'm bailing on this convo now because hackers news is a shite application getting in the way of people trying to talk, let me respond to our sibling thread with the closet thing my opinion has to evidence: https://fred.stlouisfed.org/graph/?g=smH. IMO we remain at an all time high of financial flimflammery as a portion of our GDP and there have been a number of recessions triggered by the financial sectors malfeasance during my lifetime because of it.

by l23k41 hours ago|

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You assume far too much competence from the supposed conspirators. If what you're claiming was truly happening, it would have been leaked and widely reported.

Yet, somehow, no journo covering the world's leakiest industry has been able to break this massive-if-true story.

by nullstyle21 hours ago|

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and you assume these people don't have family offices filled with very well paid competence.

There was a 3 month gap between Matthew Lee raising the flag about unethical accounting practices at lehman brothers and the firm's collapse. My opinion is that we haven't hit the analgous moment yet but we will.