| ▲ | root-parent 21 hours ago | |||||||
It should never be illegal, to give fools the opportunity to be parted with their money. These funds have expensively paid advisers, and should not be investing on a company with an ISS Governance QualityScore of 10/10. For ISS 10 is the worst while 1 is the best... https://www.iss-stoxx.com/research-advisory/governance-and-f... | ||||||||
| ▲ | BigTTYGothGF 18 hours ago | parent | next [-] | |||||||
> It should never be illegal, to give fools the opportunity to be parted with their money. "Legalize Ponzi schemes and three-card Monte" is certainly an opinion. | ||||||||
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| ▲ | lenerdenator 21 hours ago | parent | prev [-] | |||||||
> It should never be illegal, to give fools the opportunity to be parted with their money. The problem is, that money then does other things that aren't good. The article focuses upon the addictive qualities of Meta's social media applications, but there is at least some evidence that Meta has served advertisements that contain CSAM. I'm not linking the stories here because I'm not searching anything like that on my computer, but that, to me, is a far, far more serious problem than addictive doomscrolling, and far less legally ambiguous. If any of this is true, then Meta's in possession of CSAM, and that's illegal, no ifs, ands, or buts. > These funds have expensively paid advisers, and should not be investing on a company with a an ISS Governance QualityScore of 10/10. For ISS 10 is the worst while 1 is the best... The funds' advisors have one job and one job only: make the number get bigger without doing anything overtly illegal. If that means investing in the company that gets people hooked on their product and who may or may not be serving CSAM as a part of their core business, that's what that means. It's not legally actionable to do so, while not doing so, is. Voluntary ratings systems by index providers aren't stopping this sort of corporate behavior. The only way to deal with the problem is to make things illegal and deal with things through the courts. | ||||||||
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