Bankruptcy judge rejects sale of Infowars to The Onion • Hacker News Board

Re: Bankruptcy judge rejects sale of Infowars to The Onion

#851

Post by crossroadsguy » Thu, Dec 12, 2024, 12:13 AM UTC

weberer wrote: post #186

seltzered_ wrote: post #4

Statement from The Onion (via CEO Ben Collins): https://bsky.app/profile/bencollins.bsky.social/post/3lcyypa...

And here's the statement from Jones: https://x.com/realalexjones/status/1866752494317003142

I must ask - does Mr Jones really sound like that - as if loud throat is getting hammered while functioning perfectly fine and loud and fast and at the same time pressing hard voice breaks, or is it some kind of voice modulation?

Also, @RealAlexJones says "EXCLUSIVE: Alex Jones Responds Live On Air" → is this about two separate Alex Jones, or the same Mr Jones is talking about himself in the 3rd person?

Re: Bankruptcy judge rejects sale of Infowars to The Onion

#852

Post by crossroadsguy » Thu, Dec 12, 2024, 12:21 AM UTC

_zgx0 wrote: post #506

The amount of folks here supporting Alex Jones is completely shocking to me. He built a business out of attacking and re-victimizing parents whose children were murdered. He's scum of the earth. That business was taken away from him, and folks think that's too much? What the actual fuck.

When the right wing Govt was elected in my country suddenly right wing nutjobs appeared out of the woodwork on country/cities subreddits (seen quite sometimes here on hn as well) overnight as if they were just always there and were just dormant waiting for a time to show up in the right climate. No, they were not immediate new inserts from some IT Cell at all. They were always there.

I do not find anything shocking about Jones support in this post. A great social mistake has been thinking that people supporting nefarious stuff or shady, disgusting, and pathetic people do not know any better - but they do. Thing is - that is exactly what they want!

Re: Bankruptcy judge rejects sale of Infowars to The Onion

#853

Post by throwaway48476 » Thu, Dec 12, 2024, 12:23 AM UTC

thorum wrote: post #638

Am I missing something or does this NYT article not actually say what the judge based his decision on? That would be an important piece of information to have when deciding whether the decision was good or not.

Journalists almost never cite and link to sources either. They make it so hard to verify anything.

Re: Bankruptcy judge rejects sale of Infowars to The Onion

#854

Post by globalnode » Thu, Dec 12, 2024, 12:23 AM UTC

krisoft wrote: post #844

cogman10 wrote: post #692

Earlier quoted context omitted.

It is quite wild and frankly just shocking. The hearings in the last 2 days seemed to have Lopez agreeing with the creditors and not Jone's FUAC. Yet, somewhat seemingly out of the blue, he decided to deny the sale. What's even more crazy about this ruling is he's told the trustee to come up with an alternative solution, that doesn't involve a new auction... But like no other guidance. That leaves the Trustee in a we…

> The hearings in the last 2 days seemed to have Lopez agreeing with the creditors and not Jone's FUAC. Yet, somewhat seemingly out of the blue, he decided to deny the sale. This is actualy quite common with judges. Or so i heard from Popehat who is a practicing lawyer. What is going on is that the judge is feeling that one side is making a stronger argument, in their opinion, and they then tend to give more procedur…

So quite often judges make their decisions based on "feels" and then go out of their way to be nice to the other party so they don't appear biased. You can imagine the poor self representing party that has a strong case but is automatically disliked by the judge for not playing the game properly and basically has no chance.

Re: Bankruptcy judge rejects sale of Infowars to The Onion

#855

Post by OneLeggedCat » Thu, Dec 12, 2024, 12:24 AM UTC

thorum wrote: post #638

Am I missing something or does this NYT article not actually say what the judge based his decision on? That would be an important piece of information to have when deciding whether the decision was good or not.

NYT reporting has been trash for at least 10 years. Anyway Matt Levine, who has as good an opinion on this kind of thing as any columnist, sees it as mostly a technicality, and believes Onion can just submit their bid again. Of course, Elon also now has an outside interest, and can outbid anyone via proxy or otherwise.

Re: Bankruptcy judge rejects sale of Infowars to The Onion

#856

Post by WWLink » Thu, Dec 12, 2024, 12:31 AM UTC

LordDragonfang wrote: post #850

talldayo wrote: post #689

Earlier quoted context omitted.

It's Hacker News. I hate to say it, but this is all the website is known for at this point. Bring it up in passing conversation with the in-crowd and you'll get laughed out of the room for using "Orange Site" and fraternizing with drug-addled Elon worshipers and "soloprenuers" that beg for recognition for their dogshit SaaS product. The score has been known for years, the political leaning of Hacker News is basically…

The thing is, this (admittedly common) opinion is as facile as the opinions of progressives who act as though all of reddit is /r/TheDonald. Overall, both are actually very left-leaning websites (in reddit's case, almost overwhelmingly so), they just tolerate the existence of pockets of very right-leaning individuals - because of lofty ideals of "free speech". However, even then, you'll usually see legitimate social…

Eh? I always figured hackernews was full of silicon valley types who listen to peter thiel podcasts on their way home in their stickshift subaru (or FSD tesla).

Re: Bankruptcy judge rejects sale of Infowars to The Onion

#857

Post by defrost » Thu, Dec 12, 2024, 12:38 AM UTC

WWLink wrote: post #856

LordDragonfang wrote: post #850

Earlier quoted context omitted.

The thing is, this (admittedly common) opinion is as facile as the opinions of progressives who act as though all of reddit is /r/TheDonald. Overall, both are actually very left-leaning websites (in reddit's case, almost overwhelmingly so), they just tolerate the existence of pockets of very right-leaning individuals - because of lofty ideals of "free speech". However, even then, you'll usually see legitimate social…

Eh? I always figured hackernews was full of silicon valley types who listen to peter thiel podcasts on their way home in their stickshift subaru (or FSD tesla).

There's a few of them, if that's all it was I likely wouldn't be here quite so much.

Re: Bankruptcy judge rejects sale of Infowars to The Onion

#858

Post by wakawaka28 » Thu, Dec 12, 2024, 12:39 AM UTC

johnnyanmac wrote: post #762

wakawaka28 wrote: post #720

Earlier quoted context omitted.

>This is incorrect - trustees have an obligation to maximize the benefit to debtors. You'll see common examples of non-monetary benefit when it comes to wills - a cabinet that may be valued at 150$ but has immense sentimental value may be given to inheritors even if there is a 200k bid on it if that is what the beneficiaries all agree to. Probate court is different from bankruptcy court. You can only do something non…

>You can only do something nonstandard if all creditors agree. As far as this NYT story goes, they all did agree. It's AJ's lawyer who intervened.

Even if they all did agree, which I don't believe, someone might want to buy the business for a fair price using real cash. That counts for more than fantasy debt that is going away anyway. These processes exist for legitimate reasons no matter how you feel about it.

Re: Bankruptcy judge rejects sale of Infowars to The Onion

#859

Post by throwaway48476 » Thu, Dec 12, 2024, 12:41 AM UTC

vizzier wrote: post #657

acdha wrote: post #237

Earlier quoted context omitted.

> Every major media outlet has some instances of, effectively, targeted harassment in their history. Whether the public endorses that harassment is more a question of how effective the reporters are than anything else. Do you have any examples supporting the equivalence you’re claiming? The high judgements were caused by his defiance of earlier judgements so that pattern is really what we’re looking for.

Not OP, but Fox Settled the dominion lawsuit for $725M [1]. So this type of harassment means big judgments against you. [1] https://en.wikipedia.org/wiki/Dominion_Voting_Systems_v._Fox...

You can see dominion machines hacked live at DEFCON voting village.

Re: Bankruptcy judge rejects sale of Infowars to The Onion

#860

Post by wakawaka28 » Thu, Dec 12, 2024, 12:41 AM UTC

patmcc wrote: post #635

wakawaka28 wrote: post #72

Earlier quoted context omitted.

>This is fine, people are allowed to act against their own financial interests. That's one thing that having ownership means is that you can ruin the thing you own for any or no reason. The court has zero reason to intervene if a majority creditor is giving up their own share of the proceeds for any or no reason. You're oversimplifying this. If someone owes you $1B and they owe me $2B, and they've got an asset worth…

>>You're oversimplifying this. If someone owes you $1B and they owe me $2B, and they've got an asset worth $500M, I can't just pledge $2B of bad debt to buy the asset. The only fair way is to sell it for $500M in actual cash. Then it gets divied up accordingly. Except what if all the creditors prefer that outcome to the "more cash" outcome? If the way it would get divvied up is $499m to you and $1m to me, vs $350m to…

If literally every creditor agreed, maybe so. But I don't think that is the case even among the subset of creditors that is the families. If there are banks involved I'm sure they aren't interested in getting less money.