/biz/ - Business & Finance

>>59591563
>Because what if the cusip is correct and the labeling is wrong?
Goldman Sachs reported owning both the 2034 and 2044 of DK Butterfly. That's four points of information, the two different bonds years plus entering in the name DK Butterfly twice. I'm supposed to believe that they got these four points of interest wrong compared to the two wrong CUSIP numbers, both of which belong to Merck bonds? It doesn't make sense.
>Either way the mostly automated systems shouldn't be making an error so it is noteworthy regardless. It just gave me the "make the community look stupid" vibes because I would figure such a blatant error (Especially in the information age) would be more serious
How oblivious are you? All of these automated systems allow human intervention and are programmed to be flawed. (((Wall Street))) knows that they can improperly report things and blatantly violate laws because they can pay a penalty that is fractions of a penny, without admitting any wrong doing, and get away with it. (((Gary Gensler))) doesn't give a single fuck about holding his fellow tribesmen accountable. If I can make $3 billion illegally, pay a small fine, and get away with it, who the fuck wouldn't take that deal?

Pic rel is today. Who knows how much money Robinhood made while violating the laws. (((Vlad))) won't see any jail time.
He already got away with shutting down the buy button in 2021