“He said … ‘If I just had another two months, I could get the money back,’” Mitchell told NBC News.
So the CEO was a gambling addict on top of being a clear idiot. How the fuck do these people fail their way into these positions and not get filtered out along the way?
This was a sad read. A gambling addict would have at least had a chance to make money. This guy just kept throwing money away other peoples money and never saw any returns.
I can’t believe someone at the bank didn’t question the strange wire transfers. Or that the guy who told him he was being scammed didn’t immediately reach out to the authorities.
Question: Wouldn’t the FDIC reimburse most of these people’s money?
So the CEO was a gambling addict on top of being a clear idiot. How the fuck do these people fail their way into these positions and not get filtered out along the way?
Nepotism, usually
Ass kissing or family member. Simple.
Because the meritocracy is a lie.
This was a sad read. A gambling addict would have at least had a chance to make money. This guy just kept throwing money away other peoples money and never saw any returns.
I can’t believe someone at the bank didn’t question the strange wire transfers. Or that the guy who told him he was being scammed didn’t immediately reach out to the authorities.
Question: Wouldn’t the FDIC reimburse most of these people’s money?
250k per, so not necessarily all your money if you had saved a lot
Just go double or nothing a few times! Simple!
I guess they must have worked hard.
Lol I’m sorry I couldn’t even type that with a straight face 😂