3 ms·

Normal folks get fired for "mistakes" like this. Oligarchs don't.

infecto 2y ago
What mistake? It’s an immaterial S1 for a SPAC. I don’t believe anyone including the advisors filing this would get in trouble.
- cuttysnark 2y ago
  That mistake is that it's not true. Altman has earned a name for himself in the truth-telling/transparency department. He wasn't briefly sacked for his fashion sense. In the article they quote Marc Fagel, who previously served as the regional director for the SEC's office in San Francisco: "Misstating the qualifications of executives is something the SEC takes seriously,"
  - infecto 2y ago
    Ok please remind me when the SEC takes action.
    - dylan604 2y ago
      You'll probably be waiting until the cows come home for that reminder
yreg 2y ago
Pretty big difference between getting fired and getting jail time, ain't it? Still, I doubt anyone is getting fired over this. And the document was not written by an oligarch, lol.
- CRConrad 2y ago
  > And the document was not written by an oligarch, lol. No, only about one, in order to pump up his career, and AIUI signed by him. "lol hahaha"
  - yreg 2y ago
    I replied to a comment about normal people being fired over mistakes like these. Who is supposedly at risk of being fired if not the person who wrote the document? Should Altman fire himself or what are you talking about?
    - CRConrad 2y ago
      > Should Altman fire himself He probably won't, so someone else should do it for him. (Ideally, someone who seems so shady should of course never have ended up in such positions of power in the first place.)
    - CRConrad 2y ago
      Furthermore: > Who is supposedly at risk of being fired if not the person who wrote the document? The one who stands to benefit from the lie. In the case of the ordinary Joe that is of course one and the same; he can't afford to hire someone to delegate his CV faking to. But just because the bigshots can offload “trivial” tasks like that onto someone else doesn't make the moral responsibility anyone else's than their own. Suggesting the one who should be fired is the office slave who actually typed the hype is 1) As absurd as Joe Schmoe claiming it isn't he, but the pen he signed his faked CV with that should be fired; and 2) A sign of a wholly non-functional moral compass.
      - yreg 2y ago
        It's not a lie, it's a trivial mistake done by whoever was drafting the document. Yes, I'm sure any board would fire their CEO for this if only he wasn't an oligarch. /s
        CRConrad 2y ago
        > It's not a lie, it's a trivial mistake done by whoever was drafting the document. Yeah, let's see the regular Joe Schmoe get away with how he didn't lie on his CV, it was just “a trivial mistake done by whoever was drafting the document.”

What mistake? It’s an immaterial S1 for a SPAC. I don’t believe anyone including the advisors filing this would get in trouble.

cuttysnark 2y ago
That mistake is that it's not true. Altman has earned a name for himself in the truth-telling/transparency department. He wasn't briefly sacked for his fashion sense. In the article they quote Marc Fagel, who previously served as the regional director for the SEC's office in San Francisco: "Misstating the qualifications of executives is something the SEC takes seriously,"
- infecto 2y ago
  Ok please remind me when the SEC takes action.
  - dylan604 2y ago
    You'll probably be waiting until the cows come home for that reminder

yreg 2y ago

Pretty big difference between getting fired and getting jail time, ain't it? Still, I doubt anyone is getting fired over this. And the document was not written by an oligarch, lol.

CRConrad 2y ago
> And the document was not written by an oligarch, lol. No, only about one, in order to pump up his career, and AIUI signed by him. "lol hahaha"
- yreg 2y ago
  I replied to a comment about normal people being fired over mistakes like these. Who is supposedly at risk of being fired if not the person who wrote the document? Should Altman fire himself or what are you talking about?
  - CRConrad 2y ago
    > Should Altman fire himself He probably won't, so someone else should do it for him. (Ideally, someone who seems so shady should of course never have ended up in such positions of power in the first place.)
  - CRConrad 2y ago
    Furthermore: > Who is supposedly at risk of being fired if not the person who wrote the document? The one who stands to benefit from the lie. In the case of the ordinary Joe that is of course one and the same; he can't afford to hire someone to delegate his CV faking to. But just because the bigshots can offload “trivial” tasks like that onto someone else doesn't make the moral responsibility anyone else's than their own. Suggesting the one who should be fired is the office slave who actually typed the hype is 1) As absurd as Joe Schmoe claiming it isn't he, but the pen he signed his faked CV with that should be fired; and 2) A sign of a wholly non-functional moral compass.
    - yreg 2y ago
      It's not a lie, it's a trivial mistake done by whoever was drafting the document. Yes, I'm sure any board would fire their CEO for this if only he wasn't an oligarch. /s
      - CRConrad 2y ago
        > It's not a lie, it's a trivial mistake done by whoever was drafting the document. Yeah, let's see the regular Joe Schmoe get away with how he didn't lie on his CV, it was just “a trivial mistake done by whoever was drafting the document.”