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HINDENBURG DISASTER
The Hindenburg disaster was an airship accident that occurred on May 6, 1937, in Manchester Township, New Jersey, U.S. The LZ 129 Hindenburg was a German commercial passenger-carrying rigid airship, the lead ship of the Hindenburg class, the longest class of flying machine, and the largest airship by envelope volume.
#HindenburgDisaster
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After the controversial report on Indian conglomerate Adani Group, US-based short seller Hindenburg dropped a new bombshell report and this time it would be Silicon Valley darling Block, Inc. (SQ) founded by Jack Dorsey. Hindenburg's report claimed that Block has allowed fraudulent accounts to proliferate on cash applications, generating illegitimate revenue and exaggerating user metrics.
It concluded that Block has systematically taken advantage of the demographics it claims to be helping.
Block which was formerly known as Square Inc, is a $44 billion market cap company. Hindunberg stated that the company claims to have developed a “frictionless" and “magical" financial technology with a mission to empower the “unbanked" and the “underbanked".
Block offers payment and mobile banking services for merchants and consumers.
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They just played the historic news report of the Hindenburg disaster. Hearing that from the WLS radio studio is very cool. #WLS #HindenburgDisaster #1937 #DickBiondi #Ha! (at WLS-AM 890) https://www.instagram.com/p/B4Y75O4lzub/?igshid=1ed9zlnkxn6wi
Hindenburg Disaster - 80 Years
May 6 marks the 80th anniversary of the Hindenburg disaster. In 1937, the hydrogen-filled German dirigible Hindenburg burned and crashed in Lakehurst, New Jersey, killing 36 of the 97 people on board.
Watch the staggering newsreel reports.
