America shouldn't be allowed to extradite and prosecute people who have not committed crimes in America. They'd never allow it in reverse. Also the justice system there doesn't inspire confidence.
Autonomy founder Mike Lynch can be extradited to US
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Re: Autonomy founder Mike Lynch can be extradited to US
#62America shouldn't be allowed to extradite and prosecute people who have not committed crimes in America. They'd never allow it in reverse. Also the justice system there doesn't inspire confidence.
You’re right of course. But as always. The strong do what they can, and the weak suffer what they must.
Re: Autonomy founder Mike Lynch can be extradited to US
#63Earlier quoted context omitted.
The short answer is that HP didn’t identify the fraud when they did their due diligence. Just because you look at a businesses financials doesn’t mean you’ll identify fraud they are trying to hide. As far as the seller determining the price, that’s true but the price they set is set on the basis that they aren’t lying about what they are selling you. If someone sells you a pure gold box that turns out to just be alum…
That scenario looks fishy to me, even when you buying second hand car you do bit of exploration and for buying something with price tag of £11,000,000,000 well you dig a bit deeper, and due diligence is not just going to your financial statements and what is usually accessibly in UK publicly. During that process you dig trough everything, bank statements, expenses, salaries, earnings, revenue streams ... everything.…
I don't think you understand the complexity of this type of finance or the sophistication that's possible while committing fraud. These things are not necessarily simple to detect.
Re: Autonomy founder Mike Lynch can be extradited to US
#64I tried using Autonomy's NLP product at work in (about) 2001. It had good functionality but when I later heard what HP was paying for Autonomy, I was flabbergasted at what I thought was a very high price for their IP and software. I had no inside information of Autonomy except for trying their product, so take my opinions with a grain of salt.
Re: Autonomy founder Mike Lynch can be extradited to US
#65Earlier quoted context omitted.
No. Trying to say they're somehow equivalent is whataboutism, it's insulting to the US and demeaning to survivors of North Korea. I know the US is not perfect, but you can't just go saying it's like North Korea.
> Trying to say they're somehow equivalent is whataboutism Which is another name for "putting things in perspective" and "addressing all bad actors, not singling out one for the benefit of the other".
No. It's another name for tu quoque, a logical fallacy by attempting to deflect criticism through pointing out hypocrisy. The Soviets used it as their go-to defense for their hideous system by pointing to racism, prisons, lynching, etc in the US. As if that made their shortcomings acceptable.
https://rationalwiki.org/wiki/Whataboutism
You can criticize some party or entity all you want, just make a logical argument free of fallacies. I don't abide using whataboutism to make false equivalencies. The US is nothing like North Korea. To compare the two, unless done extremely carefully, is insulting to people in the US, and demeaning the experience of people in North Korea.
To think of it another way, if you compare working in McDonald's to slavery, you're insulting the people that work for McDonald's and demeaning the experience of survivors of actual slavery.
Re: Autonomy founder Mike Lynch can be extradited to US
#66[deleted]
Re: Autonomy founder Mike Lynch can be extradited to US
#67America shouldn't be allowed to extradite and prosecute people who have not committed crimes in America. They'd never allow it in reverse. Also the justice system there doesn't inspire confidence.
Edit: ignore me, I didn't know what I was talking about.
Irrelevant information: The us has extradition treaties with many countries.
https://en.m.wikipedia.org/wiki/Extradition_law_in_the_Unite...
Re: Autonomy founder Mike Lynch can be extradited to US
#68Earlier quoted context omitted.
Because they were fabricating sales numbers, channel stuffing, misreporting expenses...Autonomy was a fraud, the numbers weren't real, the CFO is already doing time.
But how people from HP they have not noticed fraud during due diligence process?
HP can be both incompetent and at the same time have missed the fraud that it is alleged Autonomy were trying to hide.
Re: Autonomy founder Mike Lynch can be extradited to US
#69America shouldn't be allowed to extradite and prosecute people who have not committed crimes in America. They'd never allow it in reverse. Also the justice system there doesn't inspire confidence.
The article makes it sound like the victim was HP, an American company, based in America. Did I misinterpret something?
Re: Autonomy founder Mike Lynch can be extradited to US
#70America shouldn't be allowed to extradite and prosecute people who have not committed crimes in America. They'd never allow it in reverse. Also the justice system there doesn't inspire confidence.
Are you saying that (alleged) accounting fraud against a company based in the US isn't a crime in America?