IBM Debt-Loading and Liability (Toxic Asset) Offloading
As noted this morning, "Kyndryl (Debt Twice as Big as Its 'Worth')" seems like something which merits very close scrutiny by the SEC, but so does IBM, which manifested Kyndryl and exhibits many of the warning signs, the red flags.
One can hope that IBM will be subjected to the same attention Kyndryl received, but this boils down to politics.
Meanwhile the executives who do this enrich themselves with massive bonuses while laying off some of the most valuable workers. █