I truly would have never believed it possible. One of the hottest SPAC stocks going right now is the one that is going to absorb the WeWork debacle, and investors just can’t get enough of it. I seriously thought these clowns were headed the way of Bernie Madoff, but nope, they are fabulously rich and a very safe distance from any incarceration facility.
I guess the simple truth is that some people get away with it, and others don’t (although the tactical move Ms. Holmes took of suddenly becoming pregnant at precisely her trial date may pay off in the end).