‘The Wolf of Wall Street’ film was also a real-life scam
melmagazine.com
melmagazine.com
Minor correction: U.S. government received a $60 million settlement from Red Granite Pictures, but not any rights to any film directly[0]. Obviously a big chunk of that $60 million derived from the royalties of The Wolf of Wall Street, but the government didn't get the rights and royalties directly.
The author might have confused it with the fact that the government was _attempting_ to seize the film rights during the court proceedings[1], but the final settlement didn't include these film rights.
[0] https://www.reuters.com/article/us-malaysia-scandal-redgrani...
[1] https://www.hollywoodreporter.com/thr-esq/feds-look-seize-wo...
They book follows the founders of 1MDB, the quasi Malaysia soverign wealth fund wbhose investments included the founding of Red Granite the producers of Wolf of Wall Street, from pre-1MDB days through to it's demise. Quite quick and easy, repeats itself a bit and imho falls apart/seems rushed at the end, but a fascinating account of greed, corruption, and how easy it seems. Well worth a movie adaptation itself!
It's a proper page-turner. Just when you think Low has pulled off another ridiculous theft of 9 figure $ sums of cash, he does it again. And again...
Funny enough, I was able to find the Spanish version of the book on Amazon UK[0], but the English version apparently "will be released on September 12, 2019"[1] for Amazon UK.
I guess there exists a tiny niche market here where you can buy "early release" books from "early release" jurisdictions and ship it to "late release" jurisdictions.
Wow. So helpful. Totally seeing the context now and the following reply makes just so much sense now...
> It seems the socially-awkward Low had a thing for rich, mildly attractive, blonde daughters of famous American families.
> [Low would] be photographed with his sweaty, alcohol-flushed face on her shoulder.
For comparison, the average salary in UK is 28k before taxes.
Also remember: admissions...
So... call me crazy, but I don’t think Leonardo DiCaprio did anything wrong here. I’m sure he’s used to rich aholes giving him money and trying to buddy up with him all the time, why would one seem more suspicious than the others?
>As far as justice goes, it’s extremely poetic: a film about guys who believed they were above the law until they got caught by the feds was made by guys who believed they were above the law until they, too, got caught by the feds.
>Art imitating life imitating art.
Inception in real life :-)
Some people like to cling to the idea of innocent until proven guilty because it’s a nice sentiment that makes things easy — “I don’t have to make a decision about this person, I can just agree with the court outcome” — but it’s meaningless outside of the legal process. Many people do not have a clear understanding of what it takes to prove guilt in court (and also do not understand what can derail a conviction) and would be surprised to learn how difficult it can be in some situations where there is (to the layman) clear evidence.
The principle is that for most people accused of a crime by the state, the state has much, much more power than the accused. To act as one check against abuse of that power, we establish a higher bar for conviction of a crime than for innocence.
But if Frank’s lunch is missing from the fridge, and he thinks Homer ate it, there is no massive power imbalance, so Frank doesn’t have the same burden of proof to decide to dislike Homer, or to accuse Homer.
Of course, if the state listens to Frank and decides to charge Homer with theft, then the state has a higher burden of proof to impose criminal consequences.
If homer is declared innocent under law because the state couldn’t prove its case, we don't go back to Frank and harass him for making a false claim. His standard for accusing Homer is lower than the state’s standard for laying charges.
After all, the state has investigators and attorney generals and grand juries and congressional panels and other apparatus for deciding whether to pursue a case in court.
We only go after Frank is he was truly reckless, not just on the basis of whether the state can meet the very high bar of proving the case in court.
People get this very badly wrong when it comes to accusations of sexual misconduct or rape from long ago. The standard for a person accusing another person is much lower than the standard for the state obtaining a conviction in court, and that is as it should be.
It's not just state power but the combination of that with the kinds of harms that are inflicted as criminal punishment, which is why even the State does not bear the same high burden with mere civil claims.
> If homer is declared innocent under law because the state couldn’t prove its case, we don't go back to Frank and harass him for making a false claim.
In fact, Frank might still prevail against Homer in court on a civil claim for restitution for Homer having taken the sandwich.
“The media” collectively might have such power, but the media isn't a single entity like the state, and in any case neither the media nor the entities actually comprising it inflict criminal punishment, and even the State does not bear the high burden of criminal proof when it isn't trying to inflict criminal punishment.
Maybe not that large of a problem on a world scale, but it does feel very unjust to me.
“Innocent until proven guilty” may be the best we have for a legal standard but it is far from perfect and applying it anywhere outside of the legal system is a mistake regardless of how you feel about innocent people losing their careers through the court of public opinion.
Outside of the legal system “innocent until proven guilty” is a very common cause of the revictimisation of victims.
Could you elaborate a bit on how that works? I'm not saying you should actively vocalise that you don't believe a victim, just that you shouldn't be piling on to someone or contributing to them losing everything if you don't know whether they're guilty and are otherwise unfamiliar with the victim.
Legal process fails plenty of times, saying that you are morally obligated to believe in its judgements is insane. The only obligations legal judgements place are upon the people being tried and the apparatus of the state, nothing else.
No, there isn't. Innocence is precisely the absence of guilt; to be innocent is to be not guilty and vice versa.
I'm not saying you should have blind faith in the legal system, but I am saying that I think it's morally better to withhold judgment until it has run its course. Additionally, if you are otherwise unrelated to a certain case, I would still be inclined to have less trust in your own judgment than in the judgment of people who spent far more time on it than you, unless you have specific reason to believe they're especially likely to have ruled incorrectly other than not trusting the process, such as conflicts of interest.
This is not really accurate (but see below). The notion of burden of proof shows up in debate, public discourse and logic as well as law. An alternative formulation of "innocent until proven guilty" "the one who asserts must prove". It's simply saying, we don't accept claims without proof, because the alternative is often the logical fallacy of argument from ignorance.
Every day you are constantly making assessments on people based on the information you have, whether that’s in the context of a crime or otherwise.
What you're describing here is the standard of proof, not so much the burden of proof. The plaintiff always needs to prove their case. In a criminal case, they must prove it beyond a reasonable doubt. In a civil case, there must be a preponderance of evidence. In our daily life, we should have some reason we believe someone is guilty of something even if it doesn't extend as far as the standards of criminal prosecution. This is still taking on the burden of proof.
It is unreasonable and impractical to expect everyone to abide by it. It is not at all unreasonable and impractical for a particular individual (e.g. me) to abide by it.
It is unreasonable and impractical to expect that if I leave my house doors open when I'm at work that no one will ever steal anything from my house. It is not unreasonable and impractical for me to abide by the moral principle of not stealing when I see a house open day after day.
So I agree with you - I don't expect all of society to abide by the principle. Yet it doesn't somehow exonerate their behavior when they violate the principle.
>Many people do not have a clear understanding of what it takes to prove guilt in court (and also do not understand what can derail a conviction) and would be surprised to learn how difficult it can be in some situations where there is (to the layman) clear evidence.
In a comment further down you point out:
>Outside of the legal system “innocent until proven guilty” is a very common cause of the revictimisation of victims.
I think that's a cop out in response to a cop out. Yes, certainly some people (in my experience, a tiny number of people) will invoke "innocent until proven guilty" to avoid any kind of burden of responsibility to the victim. In the vast majority of times I've seen it invoked, it is someone pointing out that others are jumping to conclusions, and the evidence is slight, and often that one person's claims have much heavier weight than others. A not insignificant number of these (in my opinion) involve fighting back at a bias of sort (race, gender, class, etc) where one person is being given more weight to others.
When it comes to issues where the parties involved know one another (i.e. not someone commenting about a case on the Internet), people invoke it far, far more often to counter mob mentality and perceived biases than they do to avoid making a decision.
The legal meaning is irrelevant to most people who invoke it. I rarely see people (in real life, outside of message boards) saying "Well it hasn't been proven in court, so innocent until proven guilty". They apply it to situations in front of them, involving people they know. And they are saying "Really, I don't see strong evidence for it."
Now yes, at times the victims are revictimized. No one has solved that problem. In my life I've seen it way too many times that something bad happens to someone, they need someone to blame, to the point of constructing a narrative in their head that they believe, which is why people say "I don't doubt he/she believes his/her story, but I need to determine if it is true."
(Not talking about serious issues like rape, but I see this behavior from victims very often when, say, theft is involved).
How many people are sticking up for OJ Simpson?
But for a person? Surely this can increase one's 'personal brand' - I guess - in some way, but really it's utterly sad. Literally paying people to hang out with you.
I don't worry much about ever being a billionaire, but that is one thing I did ponder: how hard it would be to tell the true friends from the clingers. So sad.
And $1B scam is not even a lot. Many 'national leaders' routinely take 10% of foreign direct investment right off the top. It happens in the open, clear as day, but there's hardly any reporting about it.
Is this not ironic?
Defining irony has been a continuous argument online, but this definition seems to capture the essence of irony - "a state of affairs or an event that seems deliberately contrary to what one expects and is often wryly amusing as a result."
Now, if the Wolf of Wall Street criticized (or made fun of) financial scam funded movies, that would be ironic.
Like making a movie about financial scams, which one would expect it would be just "a movie about financial scams" and not "a financial scam", but it turns out it was also "a financial scam"?
:-)
I think you have better expectations of the film industry than I do :-)
Seems like a reasonable fit
* the expression of one's meaning by using language that normally signifies the opposite, typically for humorous or emphatic effect.
* a state of affairs or an event that seems deliberately contrary to what one expects and is often wryly amusing as a result.
* a literary technique, originally used in Greek tragedy, by which the full significance of a character's words or actions is clear to the audience or reader although unknown to the character.A song about irony which doesn't contain a single instance of irony.
https://www.salon.com/2014/05/08/what_everybody_gets_wrong_a...