4 ms·
It's amazing that someone who tried to deceive poor people into taking subprime loans in pursuit of his monopolistic dumping scheme, chooses to scream "personal
by alphonsegaston 10y ago
It's amazing that someone who tried to deceive poor people into taking subprime loans in pursuit of his monopolistic dumping scheme, chooses to scream "personal responsibility" at a bankrupted immigrant.
And the first thing people do is debate the ethics of recording him.
- HeavenBanned 10y ago>And the first thing "astroturfers" do is debate the ethics of recording him.
- justinclift 10y agoOut of curiosity, what's his involvement with "monopolistic dumping scheme"? Looking through his Wikipedia (ok, not a fantastic reference source ;) ) entry, there doesn't seem to be any mention of involvement (employment/directorships/etc) with financial institutions. ?
- alphonsegaston 10y agoUber's business model is to create a monopoly on a variety of transportation services using VC cash to dump the market, drive out their competitors, and then jack up prices: https://en.wikipedia.org/wiki/Dumping_(pricing_policy) https://en.wikipedia.org/wiki/Dumping_(pricing_policy) Here's the info about their subprime lending: http://www.theverge.com/2016/6/3/11852940/uber-subprime-auto-loans-drivers-xchange http://www.theverge.com/2016/6/3/11852940/uber-subprime-auto...
- justinclift 10y agoInteresting, thanks. :)