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McKinsey and Company to pay $650M for role in opioid crisis

npr.org

131–140 of 324 posts

Re: McKinsey and Company to pay $650M for role in opioid crisis

#131
post #37

A slap on the wrist. After a half million Americans have died from a crisis they helped kickstart, they should be facing criminal charges and jail time. The rich and powerful once again are allowed to buy their freedom.

My mom got hooked in 99 after she slipped on ice at her house in Bluefield, WV. Became a full blown addict after getting prescribed for the subsequent back injury. She lost everything, disappeared, became a homeless addict drifting from DC to Baltimore to NYC and back, until she died of an overdose of heroin in a parking lot of a 7-11 in DC in December 2015. Her story and the impact on me and my 4 siblings is a drop…

[flagged]

Re: McKinsey and Company to pay $650M for role in opioid crisis

#132

Earlier quoted context omitted.

As long as you hide behind a corporation, you can do pretty much whatever you want. Worst case, the company will pay a nominal fine as cost of doing business. And maybe somebody gets fired with a large severance.

Well, until a good looking 20-something year old man puts a couple bullets in your chest outside an investor meeting.

But then someone has to sacrifice their life to create some justice.

Much better for it to be a part of the system. Jail for criminal executives.

Re: McKinsey and Company to pay $650M for role in opioid crisis

#133
post #74

Until you have serious bonus clawbacks for every such case, it is just cost of doing business. Just increasing the fines won't do much, they will just fire more people citing costs and the market will applaud that with rising stock price.

Its complex cause you cant really find one person to blame. What no one really says is we are struggling with complexity overload. And what complicates it is all the people's wealth and status accumulation falsely signals control. When they really have less and less control the more complex the system gets. When you look at pentagon leaders and afg/iraq or Wall St CEOs and 2008 gfc or the Pope and the peado army or l…

It's trivial to find who to blame - just follow the money. Hit the investors with sentences proportional to their stake of ownership, and just like magic, executives who enable criminal behavior will become rather less popular and internal oversight much more so. Of course this will never happen, since the lack of culpability is the point.

Re: McKinsey and Company to pay $650M for role in opioid crisis

#134
post #37

Earlier quoted context omitted.

My mom got hooked in 99 after she slipped on ice at her house in Bluefield, WV. Became a full blown addict after getting prescribed for the subsequent back injury. She lost everything, disappeared, became a homeless addict drifting from DC to Baltimore to NYC and back, until she died of an overdose of heroin in a parking lot of a 7-11 in DC in December 2015. Her story and the impact on me and my 4 siblings is a drop…

[flagged]

That's probably not a direct quote, so I wouldn't go on the record with that direct response. Uncouth

Re: McKinsey and Company to pay $650M for role in opioid crisis

#135

A slap on the wrist. After a half million Americans have died from a crisis they helped kickstart, they should be facing criminal charges and jail time. The rich and powerful once again are allowed to buy their freedom.

> A slap on the wrist. After a half million Americans have died from a crisis they helped kickstart, they should be facing criminal charges and jail time. I keep reading people who say, over and over again, that the war on drugs is a failure and that it's a mistake to try criminally prosecute suppliers and send them to prison. People will always find a way to get the drugs if they want them, we're told. But then I se…

It's not the same people

Re: McKinsey and Company to pay $650M for role in opioid crisis

#136
post #86

Earlier quoted context omitted.

[flagged]

> lot of ppl on the left mad at billionaires too Seems the left were always in favor of Luigi. I'm more surprised by the right in the US. The days just after the shooting, they were all in favor too, but after their media pundits took an opposing stance, they joined the bandwagon and are now ranting about "muh poor CEO". Bunch of sheep I suppose.

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Re: McKinsey and Company to pay $650M for role in opioid crisis

#140
post #78

Earlier quoted context omitted.

> How do companies like McKinsey get away with this? Money. Any other questions?

Why doesnt money work for Kim Dotcom?

I don’t think he actually has the kind of money to be as slippery as, say, Trump, McKinsey, etc.
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