Marc Ostwald of ADM Investor Services International believes that regulators and auditors are above all to blame for allowing the Wirecard accounting scandal to “fester.”
German regulatory oversight comes into focus as Wirecard scandal unfolds
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What does Softbank have to say after all this? The number of problem companies (and quantum of crappy investment) they have invested in is just mindblowing.
Not enough oversight.
Wait. Softbank invested 1 billion USD AFTER the police raided their offices in Singapore?
That’s some galaxy brained thinking.
Softbank also invested in WeWork. We all know how that turned out
🧐🤓😮
February 2019?! 😲
Then why was nothing mentioned to us customers? That’s what I want to know! If I’d known I’d have found another company to bank with, I topped up my card 💳 on Friday (Pockit) with everything I had left and now I can’t access it at all, I’m about to run out of electricity as well, wtf am I supposed to do now? This is what’s wrong with the world, far too much greed and I’m sick and tired of it… 😡💢
what oversight? U mean lookingnover the shoulders.
What i want to know is where he got the 5 billion for bail? An amount unheard of for bail!🤔