41–50 of 76 posts
Earlier quoted context omitted.
Without these sums they incentivize people to participate in shady stuff and never jump ship. You'd prefer that?
I'd prefer them to get arrested like the rest of us when we do shady stuff.
Then again, I also think we should offer Kim Jong Un a nice vacation home on St. Helena.
Can I report a few trillions that are missing in the Pentagon Budget? Send money to .
While I appreciate a criminal getting caught, these types of systems that incentives private citizens spying and reporting on one another are bothersome on many levels.
And if you have laws that you deem oppressive, your goal should be to fix those laws -- whistleblower / "snitch" awards are only negative if the behavior being reported isn't "wrong".
While I appreciate a criminal getting caught, these types of systems that incentives private citizens spying and reporting on one another are bothersome on many levels.
Those things are not at all the same.
Whistleblowing can be it's own business model, just do a google search for Ven-a-care. Ven-a-care is a small pharmacy down in the Florida Keys. A few decades ago, it started to notice that the price it was paying for certain drug was very different from what the gov't thought they cost. Gov't price reporting is incredibly strict in pharma due to past mucking with the numbers. So they started a lawsuit which was picke…
Bradley Birkenfeld did quite well whistleblowing on UBS [1]. $104m. https://en.wikipedia.org/wiki/Bradley_Birkenfeld#Whistleblow...
Then he later received $104m, and yet still no one else went to prison.
Whistleblowing can be it's own business model, just do a google search for Ven-a-care. Ven-a-care is a small pharmacy down in the Florida Keys. A few decades ago, it started to notice that the price it was paying for certain drug was very different from what the gov't thought they cost. Gov't price reporting is incredibly strict in pharma due to past mucking with the numbers. So they started a lawsuit which was picke…
> the price it was paying for certain drug was very different from what the gov't thought they cost Is this a sign of wrongdoing? I don't know how things are supposed to work.
This makes it hard for Medicare and Medicaid to know how much to reimburse. It's in the drug company's and the pharmacy's best interest that what Medicare pays is as high as possible, since the difference between acquisition cost and reimbursement is profit in the pocket of the pharmacy. It also benefits drug companies since that profit incentivized use and what do they care? It's not their money.
What the gov't does is require every drug company to report various prices. What is the average price the drug is sold at (inclusive of all discount/rebates)? What's the lowest price the drug is sold at? The gov't then uses this information to determine how much to reimburse.
Some of these companies simply reported the wrong prices to the gov't that resulted in inflated reimbursement. That violation falls under the False Claim Act (from the US Civil War) and the companies get sued for every pill they sold at that wrong price. So it adds up.
They need to come down on Tesla. Musk's tweets/lies have driven the stock up to an established automaker's market cap. The only problem is, Tesla is no where near profitable (they've lost money nearly every quarter except for two or three, I believe. And in those quarters, the profit was very small compared to other quarterly losses) as either of these companies, and the cash burn isn't stabilizing as they attempt to…
I wonder if they tell the IRS?
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Considering many of these people end up blacklisted from their industry, we as a society kind of owe it to them.
you cannot be fired for being a whistleblower, so if you 'all the sudden' had performance problems and got fired shortly after whistleblowing, i imagine courts would side with you.
Earlier quoted context omitted.
Considering many of these people end up blacklisted from their industry, we as a society kind of owe it to them.
you cannot be fired for being a whistleblower, so if you 'all the sudden' had performance problems and got fired shortly after whistleblowing, i imagine courts would side with you.