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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

#291

Post by Retric »

bdangubic wrote: post #267
bdangubic wrote: post #253

Earlier quoted context omitted.

we can go glass-half-full-glass-half-empty back and forth ad nausem here for sure :) bottom line though, the then government (which is soon to be now government) went full ballistic on us during COVID times and vaccine mandates affected many lives

“only” 98% compliance should tell you all you need to know whether people are “forced” or not… the prospect of losing your job might not be that alarming for HN-average-person but…

You can hit 100% compliance by actually firing people. 98% means lot’s of scary memo’s and little action.

So yea 98% says a lot about how toothless this all was.

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

#292

Post by throwaway562if1 »

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

And so we allow people to trivially circumvent the law by shielding themself behind a shell corporation, and never are consequences seen.

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

#293

Post by 1123581321 »

rrr_oh_man wrote: post #278
1123581321 wrote: post #239

Earlier quoted context omitted.

Haven’t you ever wanted research, advice or work done and your coworkers or employees were busy or not quite up to it? White glove consulting is just well-packaged, expensive help.

Why white glove? That sounds like the opposite of hands-on.

I meant to say white shoe. Sorry about that.

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

#295

Post by lazide »

gruez wrote: post #255
ryandrake wrote: post #244

Earlier quoted context omitted.

And in this case, as is almost always the case, the "elites" are not even paying the fine. The Company is. No human being inside the company who made any of the relevant decisions and did any of the wrongdoing will suffer in any way, or have to pay anything. If you want to kill people and get away with it, just form a corporation and have your CxO and SVP staff make decisions that kill people.

>If you want to kill people and get away with it, just form a corporation and have your CxO and SVP staff make decisions that kill people. Note this only works for indirect deaths. If you form a corporation and then order a hit on someone, that's still illegal and you'll still go to jail. If you form a corporation, build a coal power plant that follows all regulations, and the particulate pollution sends a few hundre…

Notably, what is even a viable alternative?

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

#296

Post by lazide »

toyg wrote: post #162
oefrha wrote: post #154

Earlier quoted context omitted.

> rather live a long, happy and productive life dependent on cheap, legal opioids That’s BS. OxyContin addicts tend to experience withdrawal symptoms before the recommended 12 hours is up, they also develop tolerance, so they end up requiring larger and larger dosage with increasing frequency. You’re not going to sustainably live a long, happy and productive life even if you have a cheap, steady, relatively clean sup…

Isn't that the same for coffee, though?

It is - but multiply it by 1000x. Also, opioids give you crazy constipation. No fun.

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

#297

Post by thrw42A8N »

rr808 wrote: post #212
remarkEon wrote: post #152

A little unrelated to this whole thing, which does hit me a bit personally since my cousin back in Iowa died of opioid-related dependency issues, but I have interviewed a lot of consultants over the years for various roles and they are without question the most consistently bad interviews. It's funny, when I was in business school years ago (please forgive me) getting a job at McKinsey or BCG was more or less the crè…

> It's funny, when I was in business school years ago (please forgive me) getting a job at McKinsey or BCG was more or less the crème de la crème of post-MBA gigs. Still is though right? Just now you have enough experience to be wise enough to know what is important.

What exactly should replace them? I am not aware of any reasonably comparable competition.

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

#298

Post by FloNeu »

ryandrake wrote: post #244
RicoElectrico wrote: post #183

Earlier quoted context omitted.

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.

And in this case, as is almost always the case, the "elites" are not even paying the fine. The Company is. No human being inside the company who made any of the relevant decisions and did any of the wrongdoing will suffer in any way, or have to pay anything. If you want to kill people and get away with it, just form a corporation and have your CxO and SVP staff make decisions that kill people.

Also - they already plan for the Fine and put that peanuts on the side… just a nice tax deduction… it would be hilarious if it wasn’t so sad

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

#299

Post by ath3nd »

shuckles wrote: post #222
bdangubic wrote: post #65

Earlier quoted context omitted.

I am sorry to hear this. I would have gone full Luigi on someone if this happened to me

Since when were casual references to murdering people acceptable on here?

The fact that McKinsey directly contributed to the untimely death of a lot of people is widely known. I don't see anything in the HN rules that suggests news of public significance are not an acceptable topic of discussion.

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

#300

Post by relaxing »

thrw42A8N wrote: post #297
rr808 wrote: post #212

Earlier quoted context omitted.

> It's funny, when I was in business school years ago (please forgive me) getting a job at McKinsey or BCG was more or less the crème de la crème of post-MBA gigs. Still is though right? Just now you have enough experience to be wise enough to know what is important.

What exactly should replace them? I am not aware of any reasonably comparable competition.

Any degree besides MBA.
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