Rancid lawlessness has been happening in the white collar world for twenty years with no handcuffs so it’s not a surprise to see it everywhere else. The trickle down theory works apparently.
I mean Elon Musk openly committed securities fraud.
— Matt Stoller (@matthewstoller) August 26, 2020
These days, it seems that about 80% of what goes on in Wall Street, and in Silicon Valley is unproductive bullsh%$ that is regulatory arbitrage at best, and more likely outright criminality.
As the saying goes, a fish rots from the head.