Hindenburg was wise to pack up shop ahead of this administration. This is a greenlight for fraud.

Y_Y 3 days ago | parent | next [-]

I realise now you were most likely referring to Hindenburg Research

But some may find amusing my initial interpretation, that this was an oblique reference to Paul von Hindenburg effectively abdicating to a different government (which has been likened by some to the current USA leadership).

https://en.wikipedia.org/wiki/Enabling_Act_of_1933

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maxbond 3 days ago | parent | next [-]

Yes, I'm referring to Hindenburg Research, apologies. They were the ones who initially exposed Milton and called it quits earlier this year, presumably because they foresaw a regulatory environment where fraud was no longer reliably prosecuted.

	▲	sephamorr 3 days ago \| parent [-]
		I had the same thought as GP though, thought it was very clever.

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philistine 3 days ago | parent | prev [-]

Paul never abdicated or willingly ceded power. He became too senile to understand what was happening around him. The fact this was hidden to the Germans at the time and it looked like nazi support hides the reality.

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jordanb 3 days ago | parent | prev [-]

Really interesting how the thesis for short investigation as a investment strategy relied on

1) investors caring that management is lying and being unwilling to invest in known fraud and

2) the United States being a nation of laws.

Both seemed like solid bets as recently as a decade ago