Germany’s top financial supervisor dismissed a decade of warnings about Wirecard

Re:Germany’s top financial supervisor dismissed a decade of ... by ncmncm on Friday July 17, 2020 @03:58PM (#23874808)

Sustained gross incompetence is usually a mask for corruption. Without the corruption, normal corrective mechanisms that minimize products of incompetence elsewhere are allowed to operate.

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Re:Germany’s top financial supervisor dismissed a decade of ... by barry-cotter on Saturday July 18, 2020 @04:31AM (#23879995)

Sustained gross incompetence is the norm when it comes to megaprojects like Berlin Airport. Late and very over budget is the norm for projects originally budgeted to cost over $1 billion. You don’t need bribes or backhanders.

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Re:Germany’s top financial supervisor dismissed a decade of ... by heavenlyblue on Saturday July 18, 2020 @01:27PM (#23882990)

I think this amount of money should imply certain existential risk: if you have that power then you are inherently liable.

It’s like Putin - you could call him a democratic asshole, but you would never call him incompetent in politics - because if he was, he wouldn’t be alive by now.

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Re:Germany’s top financial supervisor dismissed a decade of ... by perl4ever on Monday July 20, 2020 @12:33AM (#23894680)

>you could call him a democratic asshole

Is this an idiom wherewith I'm unfamiliar?

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