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Why has there not been any criminal investigation at all, into the infiltration and acquisiton of Nokia? Who would you investigate and what crimes would you ac

by jarek 12y ago

Why has there not been any criminal investigation at all, into the infiltration and acquisiton of Nokia? Who would you investigate and what crimes would you accuse them of? The closest thing I'm coming up with is blaming the directors that hired the CEO for tanking shareholder value, but that's a civil matter. Being incompetent is not a crime unless you can prove fraud.

walterbell 12y ago
Tomi Ahonen has made a few lists.. edit for downvoters who don't know now to run a web search: http://communities-dominate.blogs.com/brands/2013/09/elop-25-million-dollar-golden-handshake-for-destroying-the-company-how-could-this-happen-analysis-an.html http://communities-dominate.blogs.com/brands/2013/09/elop-25...
- jarek 12y ago
  I upvoted you. Very detailed back story but I'm not clear where criminal charges against anyone would arise. What am I missing? Has evidence of purposeful fraud by the board members been uncovered since Sept 2013?
  - walterbell 12y ago
    If there is evidence, it won't be on HN :) The point of the GP post was that there was no publicly visible investigation that even looked for evidence, not even from ambulance chasing lawyers. With a large number of affected parties, naive and affected observers start asking questions. When the affected people are still griping years later, it may be wise for someone to at least pretend to investigate. Wouldn't want people to lose confidence in erstwhile institutions.
    - jarek 12y ago
      Alternatively, given how common "shareholder value" civil lawsuits from ambulance-chasing lawyers are, and how large the company and its fall were, if there was something to be uncovered, it would have been uncovered by now. The fact that it hasn't and the only things remaining are some butthurt and Something Should Be Done opinions suggests per Occam's razor that there's nothing there.
      - walterbell 12y ago
        Yeah, that's been the official line for a few years - nothing to see here, move along. The issue is not whether or not there was fraud. The issue is that some affected people still have not regained trust in the words and assurances of the leaders, and still cannot make sense of the outcome. Into cracks of distrust fall the seeds of unpredictable change.

by jarek 12y ago

walterbell 12y ago

Tomi Ahonen has made a few lists.. edit for downvoters who don't know now to run a web search: http://communities-dominate.blogs.com/brands/2013/09/elop-25-million-dollar-golden-handshake-for-destroying-the-company-how-could-this-happen-analysis-an.html http://communities-dominate.blogs.com/brands/2013/09/elop-25...

jarek 12y ago
I upvoted you. Very detailed back story but I'm not clear where criminal charges against anyone would arise. What am I missing? Has evidence of purposeful fraud by the board members been uncovered since Sept 2013?
- walterbell 12y ago
  If there is evidence, it won't be on HN :) The point of the GP post was that there was no publicly visible investigation that even looked for evidence, not even from ambulance chasing lawyers. With a large number of affected parties, naive and affected observers start asking questions. When the affected people are still griping years later, it may be wise for someone to at least pretend to investigate. Wouldn't want people to lose confidence in erstwhile institutions.
  - jarek 12y ago
    Alternatively, given how common "shareholder value" civil lawsuits from ambulance-chasing lawyers are, and how large the company and its fall were, if there was something to be uncovered, it would have been uncovered by now. The fact that it hasn't and the only things remaining are some butthurt and Something Should Be Done opinions suggests per Occam's razor that there's nothing there.
    - walterbell 12y ago
      Yeah, that's been the official line for a few years - nothing to see here, move along. The issue is not whether or not there was fraud. The issue is that some affected people still have not regained trust in the words and assurances of the leaders, and still cannot make sense of the outcome. Into cracks of distrust fall the seeds of unpredictable change.