Re:Charles Mitchell and the 1929 stock crash
by vaneri2007 on Thursday October 06, 2022 @02:54AM
(#33105248)
Nothing changes and nothing will ever change.
Once you reach a certain level, you are above law and other sharks will see value in you.
You will no matter what make money, even idiots at this level make money.
Got something similar in my company, lots of big and important people joined; took all the money and either flee to other companies or stayed on the board of director while lots of people were let go!
Image is more important than results.
That line sounds like it could be straight out of The Big Short (2015), essentially nothing has changed in the best part of 100 years.