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Mt. Gox Questioned By Employees For At Least 2 Years Before Crisis
Rambo Tribble (1273454) writes "Reuters reports that Mt. Gox employees began to question the handling of funds at least two years ago. Although only CEO Mark Karpeles had full access to financial records, a group of a half-dozen employees began to suspect client funds were being diverted to cover operating costs, which included Karpeles' toys, such as a 'racing version of the Honda Civic imported from Britain.' Employees confronted Karpeles in early 2012, only to be given vague assurances with a 'pay no attention to the man behind the curtain' ring. Unfortunately, since Mt. Gox was not regulated as a financial institution under Japanese law, it is unclear what recourse might be gained in pursuing this question."
and instead simply have stolen money from unconnected, largely unmonied Libertarians
Stealing money from the "unmonied"? I see a huge, gaping flaw in your plan. Might as well steal half a billion from your pet cat. I'm sure he's good for it.
As was already noted, the problem isn't stealing from monied or unmonied, it's stealing from people with access to illegal recourse. Those people have means for getting back which are worse than anything "monied" people can do legally.
Since there is no society, these types would have little means of coming back at him.
And of course, we have to finish with a two minute hate. Libertarianism is basically about minimal government necessary for society not minimal society. But I guess you don't care.
> Libertarianism is basically about minimal government necessary for society not minimal society. But I guess you don't care.
Or, not understand, and think your comment makes no sense. To these people, society IS government. When they say "we should help people who need it", that in no way suggests that they would EVER consider buying diapers and milk for the struggling young mother in line behind them. To them, "we" means "Washington", so "we should help" means "Washington power brokers should take your money and give it to whomever". They really and truly don't know any distinction between Washington bullying vs. ethical behavior. Personal responsibility does not exist, so society=ruling class, to them.