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I dunno if they are all the same story. Things like Theranos and FTX were outright fraud from the jump. Enron was a complex mess of both accounting chicanery and yes, some fraud, but they DID actually have assets at the end worth owning.

ISTR the banks just got caught out having made egregious poor bets.

AIG though is a bunch of fucking criminals.

That said, with this I agree 100%:

>I'm glad we're saying goodbye to this weird story of excess, and I won't ever have to read about WeWork again.




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