Jeff Bezos Accuses National Enquirer of Blackmail

Re:Jeff Bezos Accuses National Enquirer of Blackmail by lr4444lr on Thursday February 07, 2019 @08:29PM (#19110528)

Gawker's insurance was going to bat for them, and would have likely reached settlement. What Thiel's team did was help Hogan's lawyers deliberately construct their suit in such a way, even scale it back if I understand correctly, that if found liable, would not have fall within Gawker's insurance policy.[0] Faced with the prospect of a huge uncovered loss, Gawker crumpled like a cheap suit. Paid to win? I doubt it. Hogan was up against a team seasoned pros, and was just lucky to have an enemy of his enemy. Much respect to Thiel for sticking to principle.

[0] https://www.hollywoodreporter.com/thr-esq/gawkers-insurer-lo...

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Re:Jeff Bezos Accuses National Enquirer of Blackmail by untog on Thursday February 07, 2019 @08:48PM (#19110657)

That still feels off to me. Thiel didn't go to court to argue for Gawker to be shut down, he argued something different knowing that the financial implications (that they'd specifically targeted) meant it would be shut down. Still feels like an incredible exercise of rich guy power.

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Re:Jeff Bezos Accuses National Enquirer of Blackmail by tomp on Friday February 08, 2019 @10:35AM (#19115123)

It's unfortunate that not everybody has this power. But since we can't change that, it's fortunate that at least some random rich guy has this power. (Random in the sense that he's not royalty/political dynasty, but literally anyone lucky enough to have become rich in capitalism.)

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Re:Jeff Bezos Accuses National Enquirer of Blackmail by CalChris on Thursday February 07, 2019 @08:48PM (#19110654)

Bezos is Bezos. What principle did Thiel who is not Hogan stick to?

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