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

npr.org

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

#181

Post by wil421 »

JPKab wrote: post #37
jmcgough wrote: post #28

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…

The opioid epidemic has taken a lot of kids I went to High School with. Sorry to hear about your mom.

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

#182

Post by sumedh »

theoreticalmal wrote: post #169
throwaway562if1 wrote: post #133

Earlier quoted context omitted.

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.

I’d really rather not jail people who didn’t do anything illegal

Are they getting huge bonuses or dividends?

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

#183

Post by RicoElectrico »

jmcgough wrote: post #28

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.

Exactly, if anyone is shocked at what happened to that insurance CEO, there is a reason.

Elites never face personal consequences beyond fines, maybe expect when they defraud investors.

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

#184

Post by badpun »

sumedh wrote: post #182
theoreticalmal wrote: post #169

Earlier quoted context omitted.

I’d really rather not jail people who didn’t do anything illegal

Are they getting huge bonuses or dividends?

Jailing people just for having a stake in a company that did something illegal could kill the economy. People would be affraid to invest in companies, and move money to simple things like real estate (or to foreign investments).

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

#185

Post by Moru »

maeil wrote: post #178
hooli_gan wrote: post #127

Earlier quoted context omitted.

Why doesnt money work for Kim Dotcom?

He aggrieved the rich. This opioid crisis has largely hit the poor. It's like asking why money didn't work for Bernie Madoff but it has worked for Jake Paul and other crypto scammers. Bernie stole from the rich.

Never bite the hand that feeds you

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

#186

Post by ekianjo »

jmcgough wrote: post #28

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.

Also I fail to understand why doctors who prescribed opoids are getting away with it. It's well documented by now that many of them were getting bribes, and could clearly see that their patients were becoming addicted which went against the claims that the said opoids were not addictive. Responsibility is not just on the manufacturer and consultants' side...

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

#188

Post by bdangubic »

Dylan16807 wrote: post #90
bdangubic wrote: post #84

Earlier quoted context omitted.

I work for the government

Then they're just an employer to you. They're not acting as rule-maker. It's very different from a legal requirement that applies to all jobs.

this would be true… if you lived in fucking china or north korea and someone controller “all jobs”

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

#189

Post by BSDobelix »

refurb wrote: post #125
jmcgough wrote: post #28

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.

[flagged]

You are not wrong here, capitalism is the rule to make as much money as possible (be it by selling legal drugs, weapons, food, gambling, insurance).

The role of a state and it's laws is to control and limit these companies.

A lot of people think it's good to assassinate the CEO of an insurance company, but then I ask, where are the checks and balances, where is the state?

If you have to have insurance, the state has to make rules where it's almost impossible for the insurance company not to pay the necessary actions (like in Europe).

With McKinsey...what did the FDA do wrong here would be my first question.

Don't hate the companies, criticise the state (who is the responsible blob to keep a society healthy).

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

#190

Post by dns_snek »

fooker wrote: post #93
ungreased0675 wrote: post #92

What is this construct where someone can just pay money to avoid personal accountability for crimes?

The money is literally the accountability here. You could have other forms of accountability sure: freedom, life, and so on. For several reasons, we have settled on money as the preferred form unless the responsible party has a good chance of harming others in future.

> For several reasons, we have settled on money as the preferred form unless the responsible party has a good chance of harming others in future.

Sorry, but in which universe? The people who're responsible for harming millions almost always get away with a fine that can be brushed away as the cost of doing business, and they almost always reoffend precisely because they never have to face justice.

Meanwhile the working class people who haven't harmed anyone regularly get arrested and go to jail for nonviolent offences. If I made $50k a year and killed 1,000 people by poisoning their water supply, do you think I could escape arrest by paying a $1000 fine? Would you feel like that's an appropriate level of accountability if I knew that my actions were killing those people?

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