You're Wrong About cover image

Why Didn’t Anyone Go to Prison for the Financial Crisis?

You're Wrong About

00:00

Is the SEC Doing Accounting Fraud?

The SEC is doing essentially a pump and dump scheme. It's basically the same thing that Enron was doing, where it's like, you fudge the numbers a little bit. And then the next year, you're like, oh shit, we have to increase the numbers. Yeah. Because you become captive to the needs of whatever quota your ability to keep your job has been attached to.Yeah. How many people whose job is electively justice is really quotas? yeah.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app