this post was submitted on 22 Aug 2024
158 points (99.4% liked)

News

23259 readers
3164 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
 

More like this, please!

you are viewing a single comment's thread
view the rest of the comments
[–] halcyoncmdr@lemmy.world 48 points 2 months ago (6 children)

"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?

[–] DragonTypeWyvern@midwest.social 32 points 2 months ago

Because the meritocracy is a lie.

[–] Kit@lemmy.blahaj.zone 18 points 2 months ago

Nepotism, usually

[–] Aurenkin@sh.itjust.works 15 points 2 months ago* (last edited 2 months ago)

I guess they must have worked hard.

Lol I'm sorry I couldn't even type that with a straight face 😂

[–] not_that_guy05@lemmy.world 10 points 2 months ago

Ass kissing or family member. Simple.

[–] AlternatePersonMan@lemmy.world 8 points 2 months ago (1 children)

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?

[–] Kecessa@sh.itjust.works 5 points 2 months ago

250k per, so not necessarily all your money if you had saved a lot

[–] MrBobDobalina@lemmy.ml 4 points 2 months ago

Just go double or nothing a few times! Simple!