6 ms·

You use your back channels and good ole boys club connections to try getting the rules for inclusion changed. Maybe collude would be a better verb than design?

You use your back channels and good ole boys club connections to try getting the rules for inclusion changed. Maybe collude would be a better verb than design? Is that your objection?

l23k4 3mo ago
Can you share any credible reporting substantiating this theory?
- nullstyle 3mo ago
  Common sense and rationality says that you cant motivate rules changes simultaneously across 3 independent indices without outside pressure. Can you provide some reasoning why this wouldn’t be the obvious situation?
  - l23k4 3mo ago
    [flagged]
    - nullstyle 3mo ago
      Lol, the dude asking for reporting to justify his oligarch dickriding dismisses patrick boyle in his chat history as just a youtuber while using paywalled links to support his position. My theory is better because it isn’t ignorant of the billionaire dynamics in play.
      - l23k4 3mo ago
        Criticizing Bloomberg as a poor source for finance-related reporting is kind of hilarious, but then I guess your position does seem vastly more credible when viewed through a lens that also rejects Bloomberg.
        nullstyle2 3mo ago
        newly created alt because apparently my main account has hurt too many feefees to allow me to respond to a discussion I'm having. "posting too fast" my swingin dick... I'm not criticizing bloomberg, i'm criticizing you for posting paywalled links to support your position in an open discussion. Given I'm bailing on this convo now because hackers news is a shite application getting in the way of people trying to talk, let me respond to our sibling thread with the closet thing my opinion has to evidence: https://fred.stlouisfed.org/graph/?g=smH https://fred.stlouisfed.org/graph/?g=smH. IMO we remain at an all time high of financial flimflammery as a portion of our GDP and there have been a number of recessions triggered by the financial sectors malfeasance during my lifetime because of it.
        l23k4 3mo ago
        [flagged]
        nullstyle2 3mo ago
        and you assume these people don't have family offices filled with very well paid competence. There was a 3 month gap between Matthew Lee raising the flag about unethical accounting practices at lehman brothers and the firm's collapse. My opinion is that we haven't hit the analgous moment yet but we will.
  - AlexCoventry 3mo ago
    Common sense and rationality go out the window in corrupt, unregulated environments with perverse incentives.

You use your back channels and good ole boys club connections to try getting the rules for inclusion changed. Maybe collude would be a better verb than design? Is that your objection?

l23k4 3mo ago

Can you share any credible reporting substantiating this theory?

nullstyle 3mo ago
Common sense and rationality says that you cant motivate rules changes simultaneously across 3 independent indices without outside pressure. Can you provide some reasoning why this wouldn’t be the obvious situation?
- l23k4 3mo ago
  [flagged]
  - nullstyle 3mo ago
    Lol, the dude asking for reporting to justify his oligarch dickriding dismisses patrick boyle in his chat history as just a youtuber while using paywalled links to support his position. My theory is better because it isn’t ignorant of the billionaire dynamics in play.
    - l23k4 3mo ago
      Criticizing Bloomberg as a poor source for finance-related reporting is kind of hilarious, but then I guess your position does seem vastly more credible when viewed through a lens that also rejects Bloomberg.
      - nullstyle2 3mo ago
        newly created alt because apparently my main account has hurt too many feefees to allow me to respond to a discussion I'm having. "posting too fast" my swingin dick... I'm not criticizing bloomberg, i'm criticizing you for posting paywalled links to support your position in an open discussion. Given I'm bailing on this convo now because hackers news is a shite application getting in the way of people trying to talk, let me respond to our sibling thread with the closet thing my opinion has to evidence: https://fred.stlouisfed.org/graph/?g=smH https://fred.stlouisfed.org/graph/?g=smH. IMO we remain at an all time high of financial flimflammery as a portion of our GDP and there have been a number of recessions triggered by the financial sectors malfeasance during my lifetime because of it.
        l23k4 3mo ago
        [flagged]
        nullstyle2 3mo ago
        and you assume these people don't have family offices filled with very well paid competence. There was a 3 month gap between Matthew Lee raising the flag about unethical accounting practices at lehman brothers and the firm's collapse. My opinion is that we haven't hit the analgous moment yet but we will.
- AlexCoventry 3mo ago
  Common sense and rationality go out the window in corrupt, unregulated environments with perverse incentives.