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I get real tired of hearing all the hate for rich people and the fact that they even exist. But special treatment for rich criminals? who got their wealth thro

by qup 4y ago

I get real tired of hearing all the hate for rich people and the fact that they even exist. But special treatment for rich criminals? who got their wealth through the very same crime? Nah. Do rich men also historically get similar treatment? Or is gender also playing a role?

faefox 4y ago
> Do rich men also historically get similar treatment? Or is gender also playing a role? I'm sorry, but is this a serious question? Yes, of course rich men get similar treatment. Elizabeth is not being treated with kid gloves because she's a woman, it's because she's an upper-class white-collar criminal who (at least at one point in time) had connections. This is the definition of privilege. To offer a case in point: Andy Fastow, one of the principal architects of the Enron fraud, who wiped out the retirement savings of tens of thousands of Enron employees and did only 5 years in a minimum-security prison camp as a result.
- pseudo0 4y ago
  Fastow took a plea deal and cooperated with the government, so that isn't really a fair comparison. The "big fish" Lay and Skilling got 45 years and 24 years respectively.
- qup 4y ago
  I hear you, but I don't think that's the same thing I'm talking about. We all know white-collar crime isn't punished harshly. How long after Andy Fastow's sentencing did he get to remain free?
xiphias2 4y ago
> But special treatment for rich criminals? who got their wealth through the very same crime? Nah. She's the daughter of Enron's VP, not just a random person who got rich from fraud. But to the point about rich men: SBF is still in home arrest, and Elisabeth did nothing compared to the tens of billions of dollars of fraud concentrating in SBF's hands. It will be interesting to see what he gets.
- gnicholas 4y ago
  She was apparently the daughter of one of the many VPs at Enron, and he was laid off. He was not “Enron’s VP”, singular: https://www.womenshealthmag.com/life/a39312171/elizabeth-holmes-parents-father-enron-the-dropout/ https://www.womenshealthmag.com/life/a39312171/elizabeth-hol...
- busterarm 4y ago
  > But to the point about rich men: SBF is still in home arrest, and Elisabeth did nothing compared to the tens of billions of dollars of fraud concentrating in SBF's hands. It will be interesting to see what he gets. True, but I would argue that her criminal activity was so obviously heinous that she was prosecuted and sentenced in this manner _in spite of_ her being a woman. The reason SBF is in home arrest is because of his massive political campaign contributions and the fact that the general public doesn't have a clue enough about crypto to hold him to public account.
JohnFen 4y ago
> I get real tired of hearing all the hate for rich people and the fact that they even exist. I don't really hear a lot of hate for rich people for existing. They do tend to get more scrutiny, because (in the US, at least), wealth is power and the powerful have a greater ability to do harm. I do hear a lot of hate for rich people who use their wealth to harm non-rich people. That seems fair.

by qup 4y ago

faefox 4y ago

> Do rich men also historically get similar treatment? Or is gender also playing a role? I'm sorry, but is this a serious question? Yes, of course rich men get similar treatment. Elizabeth is not being treated with kid gloves because she's a woman, it's because she's an upper-class white-collar criminal who (at least at one point in time) had connections. This is the definition of privilege. To offer a case in point: Andy Fastow, one of the principal architects of the Enron fraud, who wiped out the retirement savings of tens of thousands of Enron employees and did only 5 years in a minimum-security prison camp as a result.

pseudo0 4y ago
Fastow took a plea deal and cooperated with the government, so that isn't really a fair comparison. The "big fish" Lay and Skilling got 45 years and 24 years respectively.
qup 4y ago
I hear you, but I don't think that's the same thing I'm talking about. We all know white-collar crime isn't punished harshly. How long after Andy Fastow's sentencing did he get to remain free?

xiphias2 4y ago

> But special treatment for rich criminals? who got their wealth through the very same crime? Nah. She's the daughter of Enron's VP, not just a random person who got rich from fraud. But to the point about rich men: SBF is still in home arrest, and Elisabeth did nothing compared to the tens of billions of dollars of fraud concentrating in SBF's hands. It will be interesting to see what he gets.

gnicholas 4y ago
She was apparently the daughter of one of the many VPs at Enron, and he was laid off. He was not “Enron’s VP”, singular: https://www.womenshealthmag.com/life/a39312171/elizabeth-holmes-parents-father-enron-the-dropout/ https://www.womenshealthmag.com/life/a39312171/elizabeth-hol...
busterarm 4y ago
> But to the point about rich men: SBF is still in home arrest, and Elisabeth did nothing compared to the tens of billions of dollars of fraud concentrating in SBF's hands. It will be interesting to see what he gets. True, but I would argue that her criminal activity was so obviously heinous that she was prosecuted and sentenced in this manner _in spite of_ her being a woman. The reason SBF is in home arrest is because of his massive political campaign contributions and the fact that the general public doesn't have a clue enough about crypto to hold him to public account.

JohnFen 4y ago

> I get real tired of hearing all the hate for rich people and the fact that they even exist. I don't really hear a lot of hate for rich people for existing. They do tend to get more scrutiny, because (in the US, at least), wealth is power and the powerful have a greater ability to do harm. I do hear a lot of hate for rich people who use their wealth to harm non-rich people. That seems fair.