Re:Netflix Executive Sentenced to 30 Months for 700K Bribes,...
by notch656a on Friday December 17, 2021 @12:14PM
(#29595099)
The average American may earn something like 125k in 30 months. 700k in exchange for a small chance of 30 months in jail probably sounds like a good deal to a purely rational and amoral person.
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Re:Netflix Executive Sentenced to 30 Months for 700K Bribes,...
by 0x0nyandesu on Friday December 17, 2021 @12:19PM
(#29595162)
The average executive in a high money industry like film is clearing a lot more than that and is looking for any and all advantages that come from the position. It can come in any form from having a company car to getting an executive producer credit on some show they actually didn't produce. You're naive if you actually think this doesn't happen everyday in the film industry / culture. That's just business and it's part of the free market. I don't see how any of this is any business of the feds.
Re:Netflix Executive Sentenced to 30 Months for 700K Bribes,...
by bgirard on Friday December 17, 2021 @12:18PM
(#29595151)
But it's not usually the average American in a position to receive bribes like that. 700K for an executive might not be a good deal for most.
Re:Netflix Executive Sentenced to 30 Months for 700K Bribes,...
by notch656a on Friday December 17, 2021 @12:19PM
(#29595167)
Depends on the probability of being caught, which is usually extremely low.
Re:Netflix Executive Sentenced to 30 Months for 700K Bribes,...
by bgirard on Friday December 17, 2021 @12:43PM
(#29595515)
True, but at those levels the marginal utility of money is much lower than 30 months of your life. Clearly some people take the chance, I wouldn't.
Re:Netflix Executive Sentenced to 30 Months for 700K Bribes,...
by dkyc on Friday December 17, 2021 @12:17PM
(#29595133)
The average American likely isn't in a position to make business spending decisions that would warrant a 700k bribe, though.
Re:Netflix Executive Sentenced to 30 Months for 700K Bribes,...
by codegeek on Friday December 17, 2021 @12:27PM
(#29595276)
Except that he has to return the 700k, Pay additional fine of 50K , go to Jail for 30 months and not to mention that his reputation is ruined and he will never get another high profile white collar job. Yea, totally worth it.
Re:Netflix Executive Sentenced to 30 Months for 700K Bribes,...
by notch656a on Friday December 17, 2021 @12:29PM
(#29595321)
In retrospect yes. If you can prove the probability he would be caught is low enough, then you could probably show it was worth the risk. I don't know what that probability is, but based on how rare executives are actually nabbed over this sort of thing I'm not so sure we can say with certainty he made a bad bet.
Re:Netflix Executive Sentenced to 30 Months for 700K Bribes,...
by jjulius on Friday December 17, 2021 @12:18PM
(#29595154)
Edit: Half-awake, math wrong, ignore me.
Re:Netflix Executive Sentenced to 30 Months for 700K Bribes,...
by notch656a on Friday December 17, 2021 @12:24PM
(#29595241)
If 700k - p_caught * (value of 30 months of your life + 700k + reputation + fines) is greater than 0, a rational and amoral person should execute the trade.
Re:Netflix Executive Sentenced to 30 Months for 700K Bribes,...
by colejohnson66 on Friday December 17, 2021 @12:26PM
(#29595271)
Am I reading your comment correctly? GP says that, over 30 months, the average American makes $125k. Given a $68k per year average that you provide, that's $170k after 30 months, which is even more than GP estimated. Even if the average were $40k/year, that's still $100k after 30 months.
Re:Netflix Executive Sentenced to 30 Months for 700K Bribes,...
by notch656a on Friday December 17, 2021 @12:30PM
(#29595344)
Said they made "something like." I'm sorry for not making it clearer it was meant to be a rough guideline not a precise number.
Re:Netflix Executive Sentenced to 30 Months for 700K Bribes,...
by jannyfer on Friday December 17, 2021 @12:38PM
(#29595456)
Looks like jjulius used 20 months in a year.
Re:Netflix Executive Sentenced to 30 Months for 700K Bribes,...
by jjulius on Friday December 17, 2021 @12:46PM
(#29595554)
I used 12 months in a year and went up to 20 months, too tired to realize that they were talking about 2.5 years instead of 1.5. Original comment edited, my mistake, let's all go back to sleep now.