For those that might need a real knock into reality, the rich really have it good. Mobility, comfort, and most importantly...power. I laugh when low wage sycophants speak about how tough it is for rich people and that their problems are no different than the lower class schlub like me. No. No. No. When my car ultimately breaks down, that is going to be a stress in my life. When they have a car that breaks down, they can saunter over to the BMW dealer and get a new one, no problem. And most importantly, they can easily downsize their home living situation if they wanted to. My landlord doesn't care whether I can afford the 100 dollar hike in my rent I am consistently getting each year, provided they don't decide to just sell the house under me and really leave me up a creek. What I am saying is, rich people do not have the same problems I would have.
In turn, this is the moral of this story. Mikey Moneybags wants his average kid to go to a prestigious university but doesn't want to spend Dr. Dre money and spend upwards of 30 million at the problem. So he went to Rick Singer, who had figured out a perfect system that worked just like a huge donation but for pennies on the dollar. It was elaborate and requires a lot of people willing to risk their credibility and livelihoods on the promises of some good side scratch. Singer knew how to exploit pressure points, and man he was good at it.
The nice thing about the documentary, which was expertly played by Matthew Modine, was how Singer would assure his co-conspirators results. He never had a shred of doubt until the FBI met him at a hotel and basically gave him an ultimatum to comply or crumble. We all know how cowardly "entrepreneurs" will quickly fold to save themself.
Much of the aftermath was something I was well aware of, but like with any result...the punishment didn't fit the crime. People got off with light sentences and small fines, which is nothing for these people. A guy stealing a television gets more time. And this is where I wish the documentary had not pulled punches. Justice was not served. These people will get to move on, for they might have to sell a car or two or downgrade from a two million dollar home to a one million dollar home. Worst of all, their own greed kept deserving people from actually making it to college, some of them possibly not privileged. The documentary also skipped the biggest point...the American public was also subsidizing these schemes.
Yup, they conveniently forgot to mention that the "donations" they made were going to a 501c and technically they could write it off. They could probably even write off the main payments to Singer as well. So they were gaming the system and gettin taxpayer money to help with the sting of the price tag. Way to go for forgetting that detail documentary makers. Like I said, I could try to steal a few televisions from Walmart and could get a worse sentence. Let's not even talk about the fact the universities suffered no consequences, for I am sure they loved the fact so many rich people are cheating to get into their school.
Why do I keep watching these? It feels like justice is never served in these situations.
In turn, this is the moral of this story. Mikey Moneybags wants his average kid to go to a prestigious university but doesn't want to spend Dr. Dre money and spend upwards of 30 million at the problem. So he went to Rick Singer, who had figured out a perfect system that worked just like a huge donation but for pennies on the dollar. It was elaborate and requires a lot of people willing to risk their credibility and livelihoods on the promises of some good side scratch. Singer knew how to exploit pressure points, and man he was good at it.
The nice thing about the documentary, which was expertly played by Matthew Modine, was how Singer would assure his co-conspirators results. He never had a shred of doubt until the FBI met him at a hotel and basically gave him an ultimatum to comply or crumble. We all know how cowardly "entrepreneurs" will quickly fold to save themself.
Much of the aftermath was something I was well aware of, but like with any result...the punishment didn't fit the crime. People got off with light sentences and small fines, which is nothing for these people. A guy stealing a television gets more time. And this is where I wish the documentary had not pulled punches. Justice was not served. These people will get to move on, for they might have to sell a car or two or downgrade from a two million dollar home to a one million dollar home. Worst of all, their own greed kept deserving people from actually making it to college, some of them possibly not privileged. The documentary also skipped the biggest point...the American public was also subsidizing these schemes.
Yup, they conveniently forgot to mention that the "donations" they made were going to a 501c and technically they could write it off. They could probably even write off the main payments to Singer as well. So they were gaming the system and gettin taxpayer money to help with the sting of the price tag. Way to go for forgetting that detail documentary makers. Like I said, I could try to steal a few televisions from Walmart and could get a worse sentence. Let's not even talk about the fact the universities suffered no consequences, for I am sure they loved the fact so many rich people are cheating to get into their school.
Why do I keep watching these? It feels like justice is never served in these situations.