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I really hope Caroline and Gary go to prison too. It would be a slap in the face if they got some absurd plea deal where they didn't have to go to jail if they

I really hope Caroline and Gary go to prison too. It would be a slap in the face if they got some absurd plea deal where they didn't have to go to jail if they testified against Sam.

maxbond 4y ago
[flagged]
- TotoHorner 4y ago
  Well, this is the comment section of a HN topic that's specifically about Caroline Ellison and Gary Wang (their names are included in the title). If this were some random other thread, then yeah sure it would be confusing to just say Gary or Caroline.
  - maxbond 4y ago
    I guess my question is, why the familiarity? Why not Ellison and Wang? The confusion stuff I shouldn't have included, it was extraneous. I'm just puzzled why we're speaking of them as if they were friends or treasured celebrities. I don't mean that as a criticism either, I just feel like I missed a beat culturally.
    - ihatepython 4y ago
      Normally we would know their middle names as well
    - bundze 4y ago
      My guess is that it's subconsciously patronizing behavior. Ellison and Wang are both young (around 28/29 I think) and they are no longer respectable after their spectacular failure. People feel entitled to call them whatever they want and their first names are much easier to remember than their last names.
Sebb767 4y ago
Since both are talking, I assume their deal isn't that great. My understanding is that you only get those out-of-jail-free cards if there's no other way to convict and I don't see that being the case here in any way. On the other hand, great lawyers and connections might still make something out of it.
- TotoHorner 4y ago
  > On the other hand, great lawyers and connections might still make something out of it. That's my concern. Caroline's father is an MIT professor who was previously Gary Gensler's (head of SEC) boss. It would be extremely disheartening if Caroline gets an extremely generous plea deal due to her father's connections.
  - HWR_14 4y ago
    What is up with the conspiracy theories that professors are somehow politically powerful entities? Is everyone putting forth these theories still in college? Do they not know how little power college professors wield outside academia. Personal connections to the head of the SEC on the other hand are valuable.
    - japaneseminisub 4y ago
      I agree that the focus on her father's professorship is strange in this context. More broadly it seems like it might be blurring lines... SBF's parents being specifically Law professors, and having a certain level of access to FTX, would likely have been aware of any criminality occurring and should have tried to prevent it. You're right that what matters is: - Ellison's father is strongly connected to the SEC head - SBF's mother was a major fundraiser for the DNC
      - deleted 4y ago
        [deleted]
    - TotoHorner 4y ago
      > Do they not know how little power college professors wield outside academia Are you joking? That's absolutely not the case for Economics (the context we're talking about here). Why don't you look up the backgrounds of the people on the Federal Reserve Board of Governors? Or, look up who drafts major legislation? If you watch MIT's Econ 101 course on YouTube, the professor who teaches it was actually the guy behind Obamacare (John Gruber). Modern Monetary Policy has become a huge part of a base of the Democratic Party, again... drafted by an Economics Professor. > Is everyone putting forth these theories still in college? Do they not know how little power college professors wield outside academia. No. I'm not still in college. You just seem to be completely unaware on how influential Economists (almost all of whom are college professors) are. > Personal connections to the head of the SEC on the other hand are valuable Oh yeah, head of the SEC is also an MIT Econ Professor. But... clearly they have no power outside academia!! Saying otherwise is a conspiracy theory!!

I really hope Caroline and Gary go to prison too. It would be a slap in the face if they got some absurd plea deal where they didn't have to go to jail if they testified against Sam.

maxbond 4y ago

[flagged]

TotoHorner 4y ago
Well, this is the comment section of a HN topic that's specifically about Caroline Ellison and Gary Wang (their names are included in the title). If this were some random other thread, then yeah sure it would be confusing to just say Gary or Caroline.
- maxbond 4y ago
  I guess my question is, why the familiarity? Why not Ellison and Wang? The confusion stuff I shouldn't have included, it was extraneous. I'm just puzzled why we're speaking of them as if they were friends or treasured celebrities. I don't mean that as a criticism either, I just feel like I missed a beat culturally.
  - ihatepython 4y ago
    Normally we would know their middle names as well
  - bundze 4y ago
    My guess is that it's subconsciously patronizing behavior. Ellison and Wang are both young (around 28/29 I think) and they are no longer respectable after their spectacular failure. People feel entitled to call them whatever they want and their first names are much easier to remember than their last names.

Sebb767 4y ago

Since both are talking, I assume their deal isn't that great. My understanding is that you only get those out-of-jail-free cards if there's no other way to convict and I don't see that being the case here in any way. On the other hand, great lawyers and connections might still make something out of it.

TotoHorner 4y ago
> On the other hand, great lawyers and connections might still make something out of it. That's my concern. Caroline's father is an MIT professor who was previously Gary Gensler's (head of SEC) boss. It would be extremely disheartening if Caroline gets an extremely generous plea deal due to her father's connections.
- HWR_14 4y ago
  What is up with the conspiracy theories that professors are somehow politically powerful entities? Is everyone putting forth these theories still in college? Do they not know how little power college professors wield outside academia. Personal connections to the head of the SEC on the other hand are valuable.
  - japaneseminisub 4y ago
    I agree that the focus on her father's professorship is strange in this context. More broadly it seems like it might be blurring lines... SBF's parents being specifically Law professors, and having a certain level of access to FTX, would likely have been aware of any criminality occurring and should have tried to prevent it. You're right that what matters is: - Ellison's father is strongly connected to the SEC head - SBF's mother was a major fundraiser for the DNC
    - deleted 4y ago
      [deleted]
  - TotoHorner 4y ago
    > Do they not know how little power college professors wield outside academia Are you joking? That's absolutely not the case for Economics (the context we're talking about here). Why don't you look up the backgrounds of the people on the Federal Reserve Board of Governors? Or, look up who drafts major legislation? If you watch MIT's Econ 101 course on YouTube, the professor who teaches it was actually the guy behind Obamacare (John Gruber). Modern Monetary Policy has become a huge part of a base of the Democratic Party, again... drafted by an Economics Professor. > Is everyone putting forth these theories still in college? Do they not know how little power college professors wield outside academia. No. I'm not still in college. You just seem to be completely unaware on how influential Economists (almost all of whom are college professors) are. > Personal connections to the head of the SEC on the other hand are valuable Oh yeah, head of the SEC is also an MIT Econ Professor. But... clearly they have no power outside academia!! Saying otherwise is a conspiracy theory!!