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22.07.26 - 20:51
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The Great Six Month Financial Blindfold (ZeroHedge)
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The Great Six Month Financial Blindfold
Submitted by QTR's Fringe Finance
As many including myself recently have noted, we are already living through an extraordinary age of financial grift, accounting games, promotional fraud, speculative mania and almost total contempt for basic investor skepticism.
The SEC's apparent response is to consider giving public companies less frequently required financial disclosure in the face of demonstrable public disapproval of the idea. You genuinely can not make this shit up.
At a moment when public markets increasingly resemble a casino operated by executives, influencers, investment bankers, meme-stock promoters, crypto carnival barkers and apparently untouchable fraudsters, the agency responsible for protecting investors is moving toward allowing companies to disappear behind the curtain for six months at a time. That's plenty of time to “hide a body” in the accounting world.
According to The Wall Street Journal, the SEC is expected to proceed wi...
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20.07.26 - 12:00
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Wärtsilä and Carnival Corporation extend long-standing collaboration with Lifecycle Agreement supporting LNG-powered cruise fleet performance (Cision)
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Wärtsilä Corporation, Press release, 20 July at 13:00 EEST
Technology group Wärtsilä and Carnival Corporation (NYSE: CCL), the world's largest cruise company, have entered into an 8-year Lifecycle Agreement (https://wartsi.ly/44uXyII) covering four cruise vessels within the Princess Cruises and Carnival Cruise Line fleets, including two newbuild vessels currently under construction. The agreement marks the first service contract between the companies covering Carnival Corporation's LNG-fuelled cruise ships. Under the agreement, Wärtsilä will provide a comprehensive lifecycle maintenance...
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