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People are going to go to prison for this, right? Or has all white crime been made legal in America? Because I can't tell anymore.

by mtgx 7y ago

alistairSH 7y ago
Nope. As far as I can tell, the company was fined. That's it.
ska 7y ago
Or has all white crime been made legal in America? Can you think of a time when it was significantly more likely for something like this to end up with execs in jail?
- ohithereyou 7y ago
  I can think of a time about 125 years ago that it was significantly more likely that execs of the company would end up with a bullet in their head or their loved ones kidnapped and ransomed for such shenanigans. (Note; This is obviously bad and I'm not advocating for it, but it's more than just "no jail time and you have to sell your third and fourth house to pay the fine".)
  - TeMPOraL 7y ago
    > "no jail time and you have to sell your third and fourth house to pay the fine" I might be too cynical, but I half-expect the company to have insurance to cover it.
    - ohithereyou 7y ago
      Most insurance policies exclude willful criminal acts perpetrated by the policy owner.
- Barrin92 7y ago
  it's been a few thousand years, but maybe the Code of Hammurabi might be of assistance If a builder builds a house for someone, and does not construct it properly, and the house which he built falls in and kills its owner, then that builder shall be put to death.
  - conanbatt 7y ago
    Or "If someone breaks a leg of one of your slaves, you have the right to break a leg of one of his slaves". Time to get software engineer's family members hooked on opioids!
- DarthGhandi 7y ago
  Martin Shkreli was doomed from the start, never underestimate the power of being the media's boogieman. His crime was essentially using investors funds improperly, all ended paid back in full, many made decent profits.
  - kangaroozach 7y ago
    But it was not a crime to raise the drug price for insurance companies (only).
    - DarthGhandi 7y ago
      The crime was boasting about it being legal. It made him public enemy number one. I think history will judge him a lot less harshly than the current media cycle did. Big pharma do this stuff for breakfast weekly and no one says a word nor been thrown in jail for years for it.
ohithereyou 7y ago
Do you mean 'white collar' crime? I think you'll find the likelihood of going to jail for any crime is inversely proportional to the amount of money the accused has in the bank.
beaugunderson 7y ago
There's a deferred prosecution agreement with a host of requirements; if PF follows them then no one goes to jail (which I find absurd, to be clear)

People are going to go to prison for this, right? Or has all white crime been made legal in America? Because I can't tell anymore.

by mtgx 7y ago

People are going to go to prison for this, right? Or has all white crime been made legal in America? Because I can't tell anymore.

alistairSH 7y ago

Nope. As far as I can tell, the company was fined. That's it.

ska 7y ago

Or has all white crime been made legal in America? Can you think of a time when it was significantly more likely for something like this to end up with execs in jail?

ohithereyou 7y ago
I can think of a time about 125 years ago that it was significantly more likely that execs of the company would end up with a bullet in their head or their loved ones kidnapped and ransomed for such shenanigans. (Note; This is obviously bad and I'm not advocating for it, but it's more than just "no jail time and you have to sell your third and fourth house to pay the fine".)
- TeMPOraL 7y ago
  > "no jail time and you have to sell your third and fourth house to pay the fine" I might be too cynical, but I half-expect the company to have insurance to cover it.
  - ohithereyou 7y ago
    Most insurance policies exclude willful criminal acts perpetrated by the policy owner.
Barrin92 7y ago
it's been a few thousand years, but maybe the Code of Hammurabi might be of assistance If a builder builds a house for someone, and does not construct it properly, and the house which he built falls in and kills its owner, then that builder shall be put to death.
- conanbatt 7y ago
  Or "If someone breaks a leg of one of your slaves, you have the right to break a leg of one of his slaves". Time to get software engineer's family members hooked on opioids!
DarthGhandi 7y ago
Martin Shkreli was doomed from the start, never underestimate the power of being the media's boogieman. His crime was essentially using investors funds improperly, all ended paid back in full, many made decent profits.
- kangaroozach 7y ago
  But it was not a crime to raise the drug price for insurance companies (only).
  - DarthGhandi 7y ago
    The crime was boasting about it being legal. It made him public enemy number one. I think history will judge him a lot less harshly than the current media cycle did. Big pharma do this stuff for breakfast weekly and no one says a word nor been thrown in jail for years for it.

ohithereyou 7y ago

Do you mean 'white collar' crime? I think you'll find the likelihood of going to jail for any crime is inversely proportional to the amount of money the accused has in the bank.

beaugunderson 7y ago

There's a deferred prosecution agreement with a host of requirements; if PF follows them then no one goes to jail (which I find absurd, to be clear)