#enron

In case all the Enron- and WorldCom-like accounting shenanigans haven't convinced you, here's another blatant sign the wheels are falling off the "AI" hype train. A contract or memorandum of understanding (or any other written form of agreement) for *half a trillion US dollars* makes no sense at all. It's all just PR, "Look, it's real, please keep hyping our stock, I do too have clothes on!". https://wccftech.com/nvidia-inked-a-500-billion-agreement-with-sk-hynix-and-then-jensen-huang-asked-for-one-more-beer/ (For bonus points, it also calls for Nvidia to invest in SKHynix, so more accounting shenanigans...) #AI #hype #Nvidia #SKHynix #MOU #grift #Enron #WorldCom

I saw an unattributed version of this. I made a different version from scratch. Using #GIMP because that's what I know. Attribute me. I don't want anyone to think that #AI was involved (I have a .xcf to prove it). #Grifters gonna #grift and this is the same #scam, second verse. . . #Elon #Enron

How long until the Epstein Files will be known as the Epstein Corpus? #Epstein #Enron https://en.wikipedia.org/wiki/Enron_Corpus

WTF The oathless charlatans on #CNBC are claiming #SpaceX will provide "global connectivity"? I don't think #ElonMusk is a role model for anything and millions of people like me will avoid his products or services like the plague. It will be the return of the regulation environment that has been destroyed by #MAGA #securitiesfraud that will expose all the "Enrons" and "Madoffs" that have been created since the implosion of #Enron. The same #fate will expose the #US #Republican #fraud.

CounterPunch.org | Bursting the AI Bubble: the Fed Could End the “Who Could’ve Known” Defense by Dean Baker AI generated summary, Read the full article for complete information. Dean Baker argues that, like the 1990s tech bubble and the 2000s housing bubble, the emerging AI bubble will cause massive financial and economic damage, yet the responsible investment managers rarely face consequences because they hide behind the “who could have known?” defense—pointing to peers who made similarly reckless bets. He suggests that the Federal Reserve, with its sizable staff of economists, could help deflate the bubble by publicly assessing whether current stock market valuations are consistent with realistic GDP‑growth and profit projections; such an official judgment would force fund managers to justify their price targets rather than shrug them off as inevitable market folly. While this approach could curb speculative excesses, Baker doubts the new Fed chair will pursue it, fearing political considerations will outweigh the need for market discipline. Read more: https://www.counterpunch.org/2026/05/27/bursting-the-ai-bubble-the-fed-could-end-the-who-couldve-known-defense/ #Enron #FederalReserve #economics

@Infoseepage@mastodon.social @ChristosArgyrop@mastodon.social @thatdnaguy@genomic.social the problem is that this #Scam - #Economy is so obvious and yet continues that it makes #Enron's #Accounting look legitimate and fine by comparison… The moment this shit (inevitably!) explodes, it'll get nasty…