Every 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…
My question is how this could lead to jail time? I mean, its against policy, the employer can sue for damages, fire the person, etc. But to throw someone in jail for breaking essentially a corporate policy seems really off.
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
#132Every 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…
Oh please. Ever watched Mad Men, or any other tv/film that shows the wining and dining of prospective clients by a sales person/team? Every time a sales person spends money on a prospective client is written off as an expense, so the gov't is pretty much condoning it. There are tons of stories of big pharma sending doctors to lavish resorts in the guise of a "conference". Ever heard of payola? The music business has…
Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors
#133Why risk this even? Surely, he's making much more than 700K as an exec in the first place.
Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors
#134Earlier quoted context omitted.
My question is how this could lead to jail time? I mean, its against policy, the employer can sue for damages, fire the person, etc. But to throw someone in jail for breaking essentially a corporate policy seems really off.
> But to throw someone in jail for breaking essentially a corporate policy seems really off. It "seems off" because that obviously isn't what happened. > Jury Earlier Returned 28 Guilty Verdicts Convicting Michael Kail of Fraud and Money Laundering for Pay-To-Play Payments from Tech Startups Seeking Netflix Contracts These are crimes, not mere violations of corporate policy.
So the person took bribes and hurt other tech vendors and the corporation. Sure. But suppose you hurt the organization and partners by being incompetent at your work. Or having bad judgement, or being lazy, or a million other things. Would it be okay to send those people to prison?
"Pay-to-Play" isn't illegal. I don't even know what it is. Coke pays to have their beverage in AMC theaters. Is that pay to play? Is Pepsi more worthy of that slot? "Money Laundering" is incredibly broad and can be applied to a lot of things.
Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors
#135Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors
#136Earlier quoted context omitted.
> 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. Or people who actually know about those things, having worked in/with/studied the various industries, without having "been part of bribery/kickback schemes themselves", and have seen them to be fairly wide…
I will state this isn’t normal for large enterprises, at least at that scale. Most software vendors are happy to invite buyers to Warriors games, which is a lot cheaper than the 0.25% dilution. I’ve even seen folks recuse themselves from recommending prior employers because they still had shares. I think the problem lands somewhere between “widespread corruption” and “never.” Salespeople can hit their quotas without…
Salesforce or GitHub selling seats to some random company sure don't.
Large software vendors like Microsoft, Siemens (their software dept), IBM, and more, have routinely bribed all around the world to win government contracts.
Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors
#137Why risk this even? Surely, he's making much more than 700K as an exec in the first place.
Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors
#138Earlier quoted context omitted.
I'm not aware of any laws I've unintentionally broken. Which kinds of laws are you speaking of?
Ever been under 18 and owned a spray paint can or a permanent marker? Crime. Ever connected to an open wifi network without directly confirming with the owner you're allowed? Crime. Ever held your phone while driving? Crime. Happen to also be headed downhill and hit 1mph over the limit? Double crime! Ever walked across your street outside of clearly marked crossings? Crime. Ever sung happy birthday in public? Crime.…
Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors
#139Earlier quoted context omitted.
I had to look that up because I’m not familiar with the story, but it seems illegal in most other states. This Netflix case, by contrast, is federal. Still makes the Gov. actions seem sketchy
Florida politics is sketchy be definition as they are an outgrowth of representing 'Florida Man'
Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors
#140Every 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 know of people who AWS fully sponsored, including business class intercontinental travel, to attend re:Invent which is essentially a week long holiday party, by virtue of AWS bill. Every vendor has marketing budget and a decent portion of it goes to keeping their point people at clients happy. You can call it kick back or whatever, it’s a matter of semantics. So yes it is normal. And no it’s neither cynical and nor…