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I call Hanlon's razor: "Never attribute to malice that which is adequately explained by stupidity".

The problem was that German politicians were extremely desperate for at least one large-scale German "new tech business" success story, and Wirecard seemed to be the only candidate that on the face of it appeared to fit the bill. That blinded them to the obvious and made them see an anglo-saxon conspiracy to keep German tech down behind every reasonable story about Wirecard.

In my opinion, it shows the dangers when national protectionism and picking winners intrudes in the supposedly neutral business of regulating critical businesses.



You should also never attribute to stupidity that which is adequately explained by greed.


There is also a saying usually when discussing stock trading: "Gier frisst Hirn". Greed eats brains.




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