Wirecard files for insolvency after financial hole laid bare
1–10 of 169 posts
Re: Wirecard files for insolvency after financial hole laid bare
#2The entire story is shameful. I can just hope the Germans learn lessons from this.
Re: Wirecard files for insolvency after financial hole laid bare
#3The entire story is shameful. I can just hope the Germans learn lessons from this.
What should I learn from this? That there are fraudulent companies? You make it sound like all Germans are responsible for this.
Re: Wirecard files for insolvency after financial hole laid bare
#4The entire story is shameful. I can just hope the Germans learn lessons from this.
The lessons learned will be "hide your crimes better". And a few token gestures. This kind of crime is just too profitable, and the "little man" will not start any larger protests over it. So there is no desire anywhere in substantial changes.
Re: Wirecard files for insolvency after financial hole laid bare
#5The entire story is shameful. I can just hope the Germans learn lessons from this.
>I can just hope the Germans learn lessons from this.
N'ah! When it comes to big banks, big industry, big infra projects, German state institutions are super corrupt, it makes Wall Street and the City of London look like saints.
Re: Wirecard files for insolvency after financial hole laid bare
#6The entire story is shameful. I can just hope the Germans learn lessons from this.
What should I learn from this? That there are fraudulent companies? You make it sound like all Germans are responsible for this.
That prosecuting journalists for reporting that a company is fraudulent should, at a minimum, be reserved for after it has been established that the company is not fraudulent.
Re: Wirecard files for insolvency after financial hole laid bare
#7The entire story is shameful. I can just hope the Germans learn lessons from this.
I am really unsure if it's something "Germans" need to learn. It is probably something that could happen everywhere...
Re: Wirecard files for insolvency after financial hole laid bare
#8The entire story is shameful. I can just hope the Germans learn lessons from this.
>I can just hope the Germans learn lessons from this. N'ah! When it comes to big banks, big industry, big infra projects, German state institutions are super corrupt, it makes Wall Street and the City of London look like saints.
Sources?
Re: Wirecard files for insolvency after financial hole laid bare
#9Earlier quoted context omitted.
>I can just hope the Germans learn lessons from this. N'ah! When it comes to big banks, big industry, big infra projects, German state institutions are super corrupt, it makes Wall Street and the City of London look like saints.
Sources?
Wirecard, Dieselgate, BER Airport, German gov wireing the whole country with copper instead of fiber because the ministry of infrastructure had connections to the copper business leaving the country's internet behind Ukraine, all Gov IT projects going to SAP or T-Systems with no accountability, etc.
Nobody went to jail for any of those and in some cases it was never investigated. If you're on the DAX, you're untouchable in Germany.
Re: Wirecard files for insolvency after financial hole laid bare
#10The entire story is shameful. I can just hope the Germans learn lessons from this.
What should I learn from this? That there are fraudulent companies? You make it sound like all Germans are responsible for this.
The kneejerk insulted reactions to the original FT articles by BaFin and the German business press really haven't been up to par. They need to do a lot better.