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This won’t end well
The #SEC is beginning to onboard ofcls w/billionaire #ElonMusk's #DOGE, acc/to an email sent on Fri to staff.
SEC staff were informed that the DOGE task force had contacted the regulator, & that they would be treated as staff for the purposes of network, system & data access. The SEC is establishing a liaison team w/the "intent to partner" w/DOGE, the email said.
[#Musk has repeatedly been investigated & sued by the SEC]
#law #Trump #broligarchy
https://www.reuters.com/world/us/us-securities-exchange-commission-beginning-onboard-doge-staff-email-says-2025-03-28/
@Nonilex Get any money you have out now.
@Nonilex The “missing money” scandal at Tesla might be an IRS issue. But those things usually cause the biggest problem via the SEC. You can get delisted over bad accounting practices. Because the SEC is there to protect investors from fraud. And to make sure all investors hear about it at the same time. There’s a huge conflict of interest embodied in this guy. He’d never have been confirmed as a dept head by (a reasonable) Congress.
Ah, so the SEC has caved. Will need a full restructuring and firing of all the senior people and everyone hired from now on.
@Nonilex WTF is this insanity?
@Nonilex Elon Musk’s entire fortune was made from bitcoin bets, tax evasion, government grants and securities fraud.