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pinkfairy10

8 karma · joined May 15, 2021

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pinkfairy10··on Jeff Lawson steps down as CEO of Twilio
...George left right as ZIRP ended. Maybe coincidence but that played a big part in TWLO's growth and subsequent stalling as well
pinkfairy10··on Former executives of Outcome Health convicted in $1B corporate fraud scheme
It’s easier to commit fraud than start a unicorn tech company. How can you not understand that?
pinkfairy10··on What Happened at Alameda Research
Madoff’s investors “lost” more than $14.4B. Many of them were invested in his funds for 20-30 years and received 0.77 on the dollar per your comment.
pinkfairy10··on FTX faces potential hack, sees mysterious outflows totaling more than $600M
Losing faith just because a CEX goes down means you were never interested in it beyond speculation to begin with it.
pinkfairy10··on When I was fired in 2008 and made chair, the board took most of my shares away
Confusing how they could take away shares he already owned and had fully vested.
pinkfairy10··on Debit cards are hidden financial infrastructure
Your comment seems false given private banks commonly don’t charge overdraft fees, or late fees, or interest charges.
pinkfairy10··on IRS records reveal how the wealthiest avoid income tax
Capital gains are not eventually taxed if you hold the stock until you pass them get the step up in cost basis. Easier to do if you can borrow cheaply and deduct the interest.
pinkfairy10··on Amazon refused to refund $7k after shipping an empty box instead of a Sony A1
That is why you buy things with a credit card. I would have disputed the charged right away. Did you try this?
pinkfairy10··on The IRS Is Coming for Crypto Investors Who Haven’t Paid Their Taxes
This assumes BTC goes up every year tho
pinkfairy10··on The IRS Is Coming for Crypto Investors Who Haven’t Paid Their Taxes
Because there will be an annual interest rate to borrow and there is always margin call risk given the vol of crypto