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by drawingthesun
1482 days ago
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I could be way off, is this not like a broken clock is correct twice a day? There are likely articles written about every legit investment as fraud with some set of numbers to back them up. If you look hard enough there is "proof" that the usd dollar is a scam, which I think we can all agree is not true. I doubt regulators can investigate every potential fraud and instead have to be wise where they allocate their limited resources. This is an unfortunate case of that system not working, but I think that the system works enough that we can be sure 95% of listed companies are not fraudulent. |
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Are you not able to read an article and discern that it could be plausible versus nonsense?
>If you look hard enough there is "proof" that the usd dollar is a scam, which I think we can all agree is not true.
Oh, you can. I don't understand the premise of your argument here, then. I expect the same ability from our regulators.
>but I think that the system works enough that we can be sure 95% of listed companies are not fraudulent.
What do you mean by "are not fraudulent"? You mean aren't complete scams? Sure, but I think that's a low bar. I believe far more companies are committing fraud than 5%, though they wouldn't be considered outright fraudulent companies.