Earlier quoted context omitted.
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Your point, as I understand it: you disagree with a jury's conclusion in one, high-profile case, therefore the entire justice system isn't necessary or there should be no consequences for white-collar crime. Or perhaps more charitably: you've become disillusioned about the judicial process in general, seeing a lot of results you consider unjust, therefore the entire justice system isn't necessary or there should be n…
Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors
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Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors
#42Is it legal to take bribes if you do it in a way that doesn't create wire fraud? Was the crime taking kickbacks or was the crime being paid in a certain way (i.e. the LLC he created)?
Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors
#43Every time this story comes up, the comments are filled with people proclaiming that kickbacks like this are totally normal and very common. I can't tell how much of it is random people projecting their cynicism onto the business world, or if it's people who have been part of bribery/kickback schemes themselves trying to normalize the behavior online. Either way, cases like this should make it clear that the behavior…
The actions in question occurred almost 10 years ago, how many people lost commissions and bonuses and promotions and jobs and relationships by trying to play fair?
acknowledging this isn’t being an apologist for it or condoning it
even the DOJ indictment only acknowledges Netflix shareholders being deprived of tiny tiny amounts of profits, not everyone at all the other companies in the wake over the last decade, which is kind of a slap in the face and like a joke that public servants actually bothered, using that rationale.
so with that reality the incentive is still there to kickback and relax
Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors
#44Do said competitors now have grounds for a lawsuit against Netflix itself?
Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors
#45Why is this even illegal? Perks in the industry is normal. People are always trying to get their own businesses front and center for contracts. Some of these companies just don't have much to give out other than equity and what exactly is wrong about that?
Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors
#46Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors
#47Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors
#48Every time this story comes up, the comments are filled with people proclaiming that kickbacks like this are totally normal and very common. I can't tell how much of it is random people projecting their cynicism onto the business world, or if it's people who have been part of bribery/kickback schemes themselves trying to normalize the behavior online. Either way, cases like this should make it clear that the behavior…
>I can't tell how much of it is random people projecting their cynicism onto the business world Is this on HN? Because I rarely sees it. Most people working in Tech and specifically software development are so abstracted from these type of things they think they are extremely rare. It is still a common thing though. At least it happens much more often than most people thought. And it is not cynicism but personal expe…
Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors
#49Every time this story comes up, the comments are filled with people proclaiming that kickbacks like this are totally normal and very common. I can't tell how much of it is random people projecting their cynicism onto the business world, or if it's people who have been part of bribery/kickback schemes themselves trying to normalize the behavior online. Either way, cases like this should make it clear that the behavior…
Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors
#50Why is this even illegal? Perks in the industry is normal. People are always trying to get their own businesses front and center for contracts. Some of these companies just don't have much to give out other than equity and what exactly is wrong about that?
They're not illegal because they're unfair or immoral, they're illegal because the administrator is selling the spot that the college owns; it's not his/her spot to sell.
If the company wanted to be used by Netflix in exchange for equity, then they could make a deal with Netflix itself. This executive was essentially selling the rights to contracts (akin to spots) that he didn't have the right to sell.