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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 frau
by 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 agoIf 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 agoAlternatively, 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 agoYeah, 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.