4 ms·
Exactly. It's not an independent investigation if you hire the investigators.
by bphogan 10y ago
Exactly. It's not an independent investigation if you hire the investigators.
- tyre 10y agoWho else could hire the investigators? It's a tricky problem, but ultimately you rely on the investigators caring more about their reputation than any one contract. If it gets out that firm X doesn't do objective reviews, then future companies in hot water won't hire them. The real challenge here is that these investigators are not independent. Eric Holder has done prior work on behalf of Uber, which means he could reasonably be biased towards the company.
- PhantomGremlin 10y agoWho else could hire the investigators? The independent directors on a company's board should hire the investigators, who then should report back to those directors. Of course, in most startups, just like in many public companies, "independent" directors often aren't.
- x0x0 10y agoThe board, to decide if it's time to fire Travis.
- everybodyknows 10y agoYes, the investigator's _reputation_ is put at stake. But, reputation in the eyes of whom? 1. The public at large, who want to see standards of civic probity upheld? Or, 2. Future clients, who will want value for their money? Delivering #2 requires writing up a designed narrative, in magisterial rhetoric. A narrative that hides all the dirt that isn't likely to come out anyway, and redirects culpability toward low-ranking dispensables, whether guilt or not.
- travmatt 10y agoEric 'too big to fail' Holder defined his career on #2.
- everybodyknows 10y agoThere's a curious parallel with a certain class of business managers who "extract brand value" by slowly debasing quality, then folding up shop. For example, Hollywood movie sequels, or for-profit colleges. For a big name like Holder, "folding up shop" would mean something like a beachfront retirement, in Malibu.
- revscat 10y agoWith a functional regulatory framework, you wouldn't need private entities handling this; public ones could.
- deleted 10y ago[deleted]
- bbcbasic 10y agoYes, now get me some AAA rated bonds.
- manigandham 10y agoIndependent only means independent of the company's staff. Whether objective or partial to the company is a different story.