Gonçalo RibeiroMar 16
AI6YR Ben

👀 WSJ: SEC Prepares Proposal to Eliminate Quarterly Reporting Requirement

https://www.wsj.com/finance/regulation/sec-prepares-proposal-to-eliminate-quarterly-reporting-requirement-1d700bbb?st=R8zSCD

Mar 16 at 8:13pmWeb
Show threadJay Thurber ShowMar 16
@ai6yr Between this, the laissez-fare approach to reviewing mergers, and the crypto boom, I'm looking forward to Great Depression 2. Bunch of corrupt greedy doofuses running the world's largest economy? Check and double-check!
Show threadKoen Hufkens, PhDMar 16
@ai6yr whoho, going all in on that vibes stock market then. As if it is such a stable place as is. War is peace, losses are profits. You pass by the bank and go for another round.
Show threadAI6YR BenMar 16
@koen_hufkens VIBE ACCOUNTING FTW! 🤪
Show threadDMar 16
@ai6yr Woohoo now instead of companies not being able to look any further than 3 months down the line they won't be able to look any further than 6 months down the line! Double the long term outlook!
Show threadGhostOnTheHalfShellMar 16

@ai6yr

Private equity and finance are threatening the stability of the normal banking sector because they’ve leverage the money their investors handed to them. The worst thing about private equity and financing as they have no reporting requirements so the economy is flying blind with respect to their risk.

Great to know that the billionaires want to make everything just like that