Replies to post #113944 on InterDigital Inc (IDCC)

[laranger]

Cute.

Are you from Finland?

[dndodd]

You must work for Nokia? LOL

[Hardball]

Thanksformusic:I don't follow how that shows "ethics & capitalism go hand in hand"???

I think that what you describe is a deal made to avoid transaction costs associated with litigation, and it is likely that the compromise will be written off by the company involved.

And I have to say that my perspective is that ethics and capitalism do NOT go hand in hand.

IMHO the nice guy doesn't finish last but just doesn't finish in capitalism. If the nice guy engages in business practices that end up hurting his bottom line, his competitor is not just going to beat him but ultimately put him out of business entirely.

Legality and ethics are different. It MIGHT pay to obey the law in a capitalist environment as the penatlies and costs of failing to do so might end up creating a competetitive disadvantage. But clearly it does pay to get away with whatever one can.

IMHO capitalism is inherent Amoral. Not immoral, not moral but just amoral. Morality isn't an issue. That isn't to say that companies don't engage in charity activities and the like but please note that when doing so they reap PR and tax benefits so it is hard to show that such acts are purely generous rather than to some extent self interested.

I'm not rendering any moral judgments here, just saying that the capitalist ocean is filled with sharks and nice little fish get eaten.

All JMHO

[twelvebees]

Dear Mr. Thanksformusic:
We at Toyota are very preased that you are royal customer. We have the largest market share of autos in the world because we have the best technology at a fair price. Our chairman recently told a stockholder at our annual meeting that anyone who buys our cars must pay for them. The purchase of a Toyota without payment is not acceptable. We have a war chest filled with yen to seek payment in the courts in the USA. ( Courts in Japan take too long to decide anything.)
If your stupid American rawyer is reading this as a threat, we are only fooring. ROR
Sincerery yours.
Toyota, Inc.

[nohotin]

Good post. Like the e-mail, too.

[e-mail]

[dooger]

Nokia's answer to the Toyota scenario.
Only a few of Mr. Nokias siblings will purchase a Toyota and when they do they will also haggle for a baloon payment in 5 years at a discount. Then when 5 years roll around they will go to arbitration concerning the payment of those huge fees because they really did not think they would have to pay when they signed up. And anyway, the cars are much older now and of less value so they are not worth as much now. So lets make a discounted payment for those old clunkers and get some new ones with a promise to pay in the future, but only after going to court or arbitration again and again and again.