Post #1543562
2026-02-26 22:52 UTC
@timmy there was an episode of better offline where old mate broke down exactly what first brands, an auto parts supplier, was doing and it's just the usual business nonsense; lying to make yourself seem profitable. it’s funny that it's just, normal business practice until there's too much of it in one place, then it's bad.
Replies (1)
-
@timmy@goblin.camp 2026-02-26 22:56
@thegarbagebird i mean… kinda. A normal company might get loans on accounts receivable but that serves an operational purpose. Getting multiple advances in the same orders is very much fraud, and even getting too much is just a company eating itself until it suddenly becomes far more profitable or collapses under its debt load