[bboygravity]

It's way worse than that: there's also deliberate cellar boxing (bankrupting) of companies on a large scale.

Hedge funds working with consultant buddies (BCG) to take over the board/leadership of a victim company.

The consultants then deliberately destroy the company from the inside while their hedge-fund buddies (naked) short it into literal bankruptcy.

It's a very easy game, it's tax-free (because the short position is technically never closed? or something) and it only very very rarely fails and backfires (GME).

[TheOtherHobbes]

https://edition.cnn.com/2018/10/16/investing/retail-sears-pr...

Hard to imagine the delightful people involved leaving money on the table by missing an opportunity to profit from shorting.

[RandomLensman]

Do you have an example (incl. evidence) of such coordinated and deliberate action between consultants and hedge funds?

[anomaly_]

He doesn’t because it’s conspiracy bullshit. There are some valuable points in this thread but the OP above is not one of them.