5 ms·
Those seem like bad faith actions, disclosed or not.
by wewtyflakes 3y ago
Those seem like bad faith actions, disclosed or not.
- toomuchtodo 3y agoSuccess is had by bending the rules without breaking them.
- 0cf8612b2e1e 3y agoSelf dealing is very much breaking the rules. Sure, maybe the powers that be let it slide, but it is not playing fair. Edit: in fact, when the musical chairs stopped and the IPO failed, there were lawsuits about the self dealing. So long as people were making money the board were willing to look the other way.
- deleted 3y ago[deleted]
- wewtyflakes 3y agoThat is a lazy take used to justify the actions of bad people.
- toomuchtodo 3y agoThis is a lazy take on morality. Neumann enriched himself from wealthy, supposedly sophisticated investors. So sad. He took (not stole, took) from the rich (which they willingly handed over), gave to himself, and walks around free with no criminal prosecution to speak of. We might disagree on what constitutes “bad people.”
- ethanbond 3y agoDishonest ones is a good start
- deleted 3y ago[deleted]
- toomuchtodo 3y agoEveryone lies. Context and intent is what matters.
- ethanbond 3y agoWow… much insight. How about the ”context” that those investors were investing in his company which had hundreds or thousands of employees who also had stakes in its financial health? And he stole the company’s money from those stakeholders and handed it over to himself personally? How many degrees in Advanced Moral Gymnastics do you need to figure that one out?
- toomuchtodo 3y agoWe just disagree on morality and the subjectivity of truth and human opinion (see Søren Kierkegaard's philosophy writings for more on this), that's all, no gymnastics required. https://en.wikipedia.org/wiki/Philosophy_of_S%C3%B8ren_Kierkegaard#Subjectivity https://en.wikipedia.org/wiki/Philosophy_of_S%C3%B8ren_Kierk... ("Wikipedia: Philosophy of Søren Kierkegaard: Subjectivity")
- ethanbond 3y agoDon't worry, I'm aware that people can have different moral frameworks. I'm also totally comfortable saying that if "lying in order to enrich oneself at the expense of others" is not a solid indicator of "bad person" in your moral framework, then you're an asshole. Note also that "asshole" has different connotations to different people. And yet... still a very useful descriptor to help isolate bad actors from the rest of society.
- diputsmonro 3y agoOnly if you view rules as pointless adversaries to be beaten. But often rules exist for good reasons to keep people safe and keep interactions fair and trustworthy. Bending rules isn't something that you should take inherent pride in, and personally, it always lowers my opinion of such people.
- deleted 3y ago[deleted]
- lotsofpulp 3y agoI see no reason to assume what someone was or was not thinking in this case. Both parties had sufficient resources to do due diligence, and both parties engaged completely voluntarily under zero duress.
- bravetraveler 3y agoQualifiers tell me all I need to know, 'sufficient resources'. Playing others and not the field
- chii 3y agoit's not illegal. The investors needs to caveat emptor and they did(nt).
- wewtyflakes 3y agoNot talking to the legality; someone can do bad things and still be following the law.
- bdjsiqoocwk 3y agoMy heuristic is that whenever someone insists on emphasizing that something iS NoT iLlEgAl, then they're probably trying to obscure that something is wrong.