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 Service Order Wirecard Bank 2014

2014-2025 Form

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Welcome back to Patrick Boyle on Finance. In today's video we'll discuss SoftBanks investment in wire card the German payments company that's mired in a 1.9 billion dollar fraud. We're going to learn how SoftBank appeared to invest a billion dollars without actually putting in any money at all and how SoftBank employees profited from the trade without SoftBank itself actually profiting. It's well known that when Warren Buffett invests Berkshire Hathaway's money in a company that the company's stock price goes up. I don't mean in the very long run - because he chose the right stock to invest in, or anything like that. I mean that it instantly pops when it's announced that he's made a new investment in a company, and that's because other investors mimic Warren Buffett and buy the stock. This type of thing is often referred to in the finance industry as a halo effect. This is obviously a good thing for

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