wasn’t audited (…) prompting the SEC to open their own investigation.
Ye, I guess I should’ve said “investigated” there, precision is important here.
There’s not only no stock-holding public to hold them to account, even if there was and they filed a lawsuit nothing would happen. SEC doesn’t exist.
I guess this is the part I don’t understand - can’t they all just play this game of pretend forever? There has to be something that corresponds to music stopping in your musical chairs analogy, but if everyone plays along forever what happens? Is there any load bearing part of this bubble where real reality can have an impact? If the stakes of calling the bluff are a complete collapse of the stock market then why would any NVidia stockholders call the bluff ever?
Ye, I guess I should’ve said “investigated” there, precision is important here.
There’s not only no stock-holding public to hold them to account, even if there was and they filed a lawsuit nothing would happen. SEC doesn’t exist.
I guess this is the part I don’t understand - can’t they all just play this game of pretend forever? There has to be something that corresponds to music stopping in your musical chairs analogy, but if everyone plays along forever what happens? Is there any load bearing part of this bubble where real reality can have an impact? If the stakes of calling the bluff are a complete collapse of the stock market then why would any NVidia stockholders call the bluff ever?