Re:Javice and the Data Science Professor Create Fake Customers
by berkle4455 on Saturday January 14, 2023 @01:32AM
(#34377841)
So.. I should start a whistleblower due diligence platform where a potential acquirer can discretely connect with employees of a company and get unfiltered responses. Maybe let them know just how much bullshit is being peddled? Surely that'd have easily been worth a $250k bonus to a mid-career analyst at Frank who could have told JPMC "nah we actually have about 300k customers, our CEO is lying".
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Re:Javice and the Data Science Professor Create Fake Customers
by vagrantJin on Saturday January 14, 2023 @05:02AM
(#34378937)
Why though? Companied invest in due diligence people and processes (unlike us plebs) If they get swindled, a fool and his money are soon parted.
My intrigue is that due dilligence is quite lax for certain types of people. I wonder what the criteria are. Surely 'those' academically excellent M&A people would never slack on a 100mil+ transaction, or so we are led to believe.