• li10@feddit.uk
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    3 years ago

    The guy’s obviously mentally ill, but sounds like the only reason he ever got that much money was because of a bidding war.

    Stupid companies not looking at what they’re investing in, and just copying each other to try and get what the other wants 🤦‍♂️

  • Touching_Grass@lemmy.world
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    3 years ago

    When Netflix acquiesced and wired the money, Rinsch sent most of it directly to his personal Charles Schwab account, and made big bets on biotech firm Gilead Sciences, and on shorting the S&P 500 index. In just a few weeks he’d lost $5.9 million. Cutting his losses, Rinsch pulled $4 million from his Schwab account and put it directly into Dogecoin. Wow, such invest.

    Hahaha they gave $millions to a guy from r/wallstreetbets

    • driving_crooner@lemmy.eco.br
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      3 years ago

      Maybe they have insurance over the project and can recover some of the money. The company I work for sell this kind of insurance, but is usually for construction projects.

      • Lem453@lemmy.ca
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        3 years ago

        At this point if you are watching a Netflix show immediately after it starts airing, thats on you. What more do they need to do to prove they will drop any show the second it fails to meet their viewing requirements.

        Basically cant even start watching a Netflix show until it’s a season or two in.

  • ILikeBoobies@lemmy.ca
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    3 years ago

    I don’t think unproven director is the issue here

    How does he move it all to a personal account?