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Posted (edited)
On 31/05/2020 at 15:04, carosio said:

Yes, you can't prosecute anyone whose actions are legal.

Not quite so. But you may have meant that you cannot successfully prosecute someone for actions/omissions which are lawful.

After all, every prosecution is against someone for actions/omissions that are allegedly unlawful.

The Court's decision will be whether the accused is guilty or not.

That sometimes depends not only on proof of the actions/omissions but also 'mens rea' (= more or less, whether the accused's actions met the required degree of intention or culpability).

 

Example- the crime of theft, under the Theft Act 1968: a model of clear and concise wording.

This involves:

a. three actions, or at least factual elements; and

b. two intentions.

 

Here's s1(1) in full but vertically, with my additions [A1, A2, A3 and I1,I2]:

 

Basic definition of theft.

(1) A person is guilty of theft if he

dishonestly [I1]

appropriates [A1]

property [A2]

belonging to another [A3]

with the intention of permanently depriving the other of it [I2];

and “thief” and “steal” shall be construed accordingly.

 

See http://www.legislation.gov.uk/ukpga/1968/60/section/1

Edited by Jeffrey Shaw

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1 hour ago, Mister Gee said:

https://www.bloomberg.com/news/articles/2020-07-20/jeff-bezos-adds-record-13-billion-in-single-day-to-his-fortune
 

$13 billion added to his fortune on one day (Monday).

Let that sink in.

It’s not like $13b in cash entered his account.  The share price rose.  Not surprising given the surge in online shopping during Covid.

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Posted (edited)
59 minutes ago, Arnold_Lane said:

It’s not like $13b in cash entered his account.  The share price rose.  Not surprising given the surge in online shopping during Covid.

Your financial literacy is wasted here.  It's much better to be jealous for some in this town.

Edited by Tony

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2 hours ago, Mister Gee said:

https://www.bloomberg.com/news/articles/2020-07-20/jeff-bezos-adds-record-13-billion-in-single-day-to-his-fortune
 

$13 billion added to his fortune on one day (Monday).

Let that sink in.

If you (or your private pension company) had invested in Amazon say 10 years ago I presume you would be delighted, but if the shares had gone the other way.....

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Posted (edited)
6 hours ago, Mister Gee said:

https://www.bloomberg.com/news/articles/2020-07-20/jeff-bezos-adds-record-13-billion-in-single-day-to-his-fortune
 

$13 billion added to his fortune on one day (Monday).

Let that sink in.

I am not sure what I'm supposed to be "letting sink in".

 

Yes - It is a huge amount of money. But he owns one of the the biggest and most successful companies in the world right now.  Us consumers are continuing to use that company in our millions every day.  It's hardly surprising that there has been a surge in the share price.  All shareholders small and large would have benefited from a positive effect.  It is also of course at risk of dropping just as quickly as it rose.  

 

That is what happens when somebody becomes one of a few people over the history of time who happens to be founder(s) of an organisation or product that everybody globally  desires, purchases and uses.  Apple is an obvious example as is Microsoft as is Facebook.  

 

Should that success be something that is frowned upon or should they be embarrassed by it?   Should they stop being so successful and maybe deliberately perform poorly for a few years to balance it out?  Maybe us consumers should be denied our freedom of choice and be blocked from using such companies when they are deemed to have 'too many' customers or 'too much' profit.

Edited by ECCOnoob

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11 hours ago, Arnold_Lane said:

It’s not like $13b in cash entered his account.  The share price rose.  Not surprising given the surge in online shopping during Covid.

I didn’t say or quote anything that said that.

10 hours ago, Tony said:

Your financial literacy is wasted here.  It's much better to be jealous for some in this town.

How condescending.

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51 minutes ago, Mister Gee said:

I didn’t say or quote anything that said that.

How condescending.

But true - that South Yorkshire mentality - if it ain't invested here, it ain't worth the breath to talk about it...

Bah - Billions? - Bezos? - but he ain't from Barnsley!

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Posted (edited)
11 minutes ago, Litotes said:

But true - that South Yorkshire mentality - if it ain't invested here, it ain't worth the breath to talk about it...

Bah - Billions? - Bezos? - but he ain't from Barnsley!

Quoted for posterity.

Edited by Mister Gee

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14 hours ago, Mister Gee said:

https://www.bloomberg.com/news/articles/2020-07-20/jeff-bezos-adds-record-13-billion-in-single-day-to-his-fortune
 

$13 billion added to his fortune on one day (Monday).

Let that sink in.

And it's took Jeffrey Bezos 26 years to get to this point. Not bad for a bloke who took a risky loan of around $300,000 back in 1994 from his parents & had a bit of foresight. 

 

 

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20 minutes ago, Baron99 said:

And it's took Jeffrey Bezos 26 years to get to this point. Not bad for a bloke who took a risky loan of around $300,000 back in 1994 from his parents & had a bit of foresight. 

 

 

What was risky about it? 

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Posted (edited)
9 minutes ago, Mister Gee said:

What was risky about it? 

Would you have handed him, (or a member of your family), $300,000 to start a business selling books, basically mail order?  Especially when he investors that there was a 70% chance the business would fail. 

 

I probably wouldn't but then that's the difference between the likes of you, me & Bezos.

Edited by Baron99

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