Friday, June 19, 2020

"FT digs its own grave with its reporting on Wirecard"

That was a letter to the editor that the FT's natural resources editor tweeted yesterday:
Mr. Hume has an interesting collection of snippets on Wirecard's last thirty or so hours.
As a former Alphavillein (note alt-spelling, more medieval), along with Murphy, McCrum and Elder (not a hot new boy band!) Hume seems to be enjoying the going's-on:
Speaking of Elder, I hate him.
He leads off today's Markets Now with:
There’s nowhere to begin today other than with some sensational news out of Germany:

  • GFT Technologies SE announces new outlook for the current financial year
*****
For other German corporate events please see the main FT site.....MORE
DON'T DO THAT!

So, for Bryce's collection of snips and other ephemera we have to go back in time to yesterday's Markets Now (then):
It seems an appropriate moment to salute the brave analysts who, like the band on board the Titanic, have continued to play in an effort to maintain calm long after their fates became inevitable. Analysts such as Marius Fuhrberg of Warburg Research, who published this on June 11:


And Knut Woller of Baader Helvea, who published this on May 26:
....MORE (they get worse if you can believe that)

Talk about digging ones own grave.

I'm told not to mention the war so I won't use a couple quotes or photos that come to mind.
Let's just say that Herr Robert Gagl in the Hume tweet above raised some bad connotations.
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