[rando444]

Any shortseller with a lot of money would have an interest in bringing them down sooner rather than later.

Their financial trickery was exposed in early 2019 and then was overwhelmingly confirmed by the end of 2019.

If you were trying to make some money on their stock tanking, timing it would have been anywhere from extremely difficult to impossible.

[hef19898]

The KPMG report was a good moment. As was earlier this week when EY refused to attest the 2019 balance sheet. Maybe not perfect, but still enough profit potential if you ask me.

[phatfish]

Short sellers seem to be a much more reliable indicator of something corrupt going on in a company than the big auditors. You could be forgiven for thinking they are in on the scam and working to keep the director's bonuses rolling in right until the final months before a company collapses.

I suppose governments couldn't ignore the obvious forever and they are being forced to actually doing their job now.

In the UK Carrillion comes to mind as a big one, and more recently Thomas Cook. There have been many others.

https://www.parliament.uk/business/committees/committees-a-z...