npub1hykucplphuhelaxutcw4jw3vuu7gcg42czhqmk7jhchs8vdga4fsj73p33 (npub1hyk…3p33) -- "Companies have 'near total managerial discretion' to lump business units together and group their profits and losses in bloated, undifferentiated balance-sheet items ... The SEC lets Amazon – and other gigantic companies – get away with a degree of secrecy that should disqualify it from offering stock to the public."
One set of rules, enforced for the little guy, ignored for the behemoth. As George Carlin said, "It's a big club, and you ain't in it."
https://pluralistic.net/2024/03/01/managerial-discretion/#junk-fees
gregg r /
npub1xp…zedk2
2024-03-01 16:16:27
Author Public Key
npub1xpk8398p6qpuvzh22kxp4yvwzm6grh66ec64ml6rkyghxz08aeeqkzedk2Seen on
wss://relay.nostr.bandPublished at
2024-03-01 16:16:27Event JSON
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"content": "nostr:npub1hykucplphuhelaxutcw4jw3vuu7gcg42czhqmk7jhchs8vdga4fsj73p33 -- \"Companies have 'near total managerial discretion' to lump business units together and group their profits and losses in bloated, undifferentiated balance-sheet items ... The SEC lets Amazon – and other gigantic companies – get away with a degree of secrecy that should disqualify it from offering stock to the public.\"\n\nOne set of rules, enforced for the little guy, ignored for the behemoth. As George Carlin said, \"It's a big club, and you ain't in it.\" \n\nhttps://pluralistic.net/2024/03/01/managerial-discretion/#junk-fees",
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