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Joined 9 months ago
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Cake day: October 5th, 2023

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  • I’m unclear about the Fraud charges.

    In a Fraud case, you deliberately set out to take other people’s money, illegally, from the offset.

    I don’t think he did that. I think his intentions were honest but he got too cocky by providing loans and overspending. However, I feel that he thought he was smart enough to make it all back and make good, like Nick Leeson.

    I don’t think he set out to be a crook. I think he set out to be extremely wealthy, thought he was smarter than he was, then couldn’t cope when things started to collapse.

    It’s different from setting out to craft a scheme to rob people.




  • This will be a tough one to fix. There must be millions upon millions of embedded systems out there with 16-bit epoch burned in.

    They’ll all be much tougher to find than “YEAR PIC(99)” in COBOL was.

    Y2K wasn’t a problem because thousands upon thousands of programmers worked on it well in advance (including myself) we had source code and plenty of static analysis tools, often homegrown.

    The 2038 bugs are already out there…in the wild…their source code nothing but a distant dream.






  • If it’s all in writing you can’t just force another company to do what you want. What you can do is wriggle, twist and delay until it becomes too expensive for the smaller company to continue to pursue.

    However judges are more than well aware of this technique and will allow the plaintiff to accrue costs against Legal Aid (paid for by government).

    So what usually happens:

    1. Small co files against large co for using same name
    2. Large co produces huge response document which is all piss and wind
    3. Small co says they can’t afford the costs to answer each point
    4. Judge permits Small Co to use Legal Aid.
    5. Large co offers to settle. (E.g. you’re a 3 person sandwich shop. They offer you £10m. No more work, no more hassle)

    If Small Co is energetic, young and courageous, they may choose to fight to the death. But Legal Aid has a limit…