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sanitation@lemmy.today to Technology@lemmy.worldEnglish · 16 hours ago

Five Tech Giants Are Using Enron’s Accounting Strategy to Conceal $1.65 Trillion in AI Debt

www.yahoo.com

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Five Tech Giants Are Using Enron’s Accounting Strategy to Conceal $1.65 Trillion in AI Debt

www.yahoo.com

sanitation@lemmy.today to Technology@lemmy.worldEnglish · 16 hours ago
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Big Tech hides $1.65 trillion in AI debt off its balance sheets - more than its total reported debt - using legal structures regulators still allow.
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    8 hours ago

    And deciding whether to bail them out is going to be like the onions video on America’s money hole where the debate is how much money to throw into the hole to be burned instead of whether they should do it at all.

    MY FATHER WORKED TWO JOBS SO HE WOULD HAVE ENOUGH MONEY TO THROW IN THE MONEY HOLE

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