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Thread: Price to PepsiCo for Not Being in Court: $1.26 Billion

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    Re: Price to PepsiCo for Not Being in Court: $1.26 Billion

    Quote Originally Posted by Vader View Post
    Unfortunate my ass!

    Pepsi failed to show up for court and they can live with the consequences.

    It's called thief's justice.

    Learn to like it.
    I don't see how you can prove that you were the first to bottle water.
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    Re: Price to PepsiCo for Not Being in Court: $1.26 Billion

    Quote Originally Posted by Vader View Post
    Unfortunate my ass!

    Pepsi failed to show up for court and they can live with the consequences.

    It's called thief's justice.

    Learn to like it.
    It's called "I don't know a damn about the law but can throw out populist rants with the best of them." This is seriously a tired shtick.
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

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    Re: Price to PepsiCo for Not Being in Court: $1.26 Billion

    Quote Originally Posted by Kandahar View Post
    Price to PepsiCo for Not Being in Court: $1.26 Billion - Yahoo! Finance



    And you thought YOUR company's bureaucracy was bad.
    And, they've probably made 50 billion off the idea. Let's see, go ahead and settle for 1.26 billion and make a 48.74 billion profit. I would take that. Everybody wins.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Price to PepsiCo for Not Being in Court: $1.26 Billion

    Quote Originally Posted by apdst View Post
    And, they've probably made 50 billion off the idea. Let's see, go ahead and settle for 1.26 billion and make a 48.74 billion profit. I would take that. Everybody wins.
    How does Pepsi win by paying out $1.26B that they might not have to pay out?

    If they fought this and won, it would seem like they would "win" even more, right?
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

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    Re: Price to PepsiCo for Not Being in Court: $1.26 Billion

    Quote Originally Posted by RightinNYC View Post
    How does Pepsi win by paying out $1.26B that they might not have to pay out?

    If they fought this and won, it would seem like they would "win" even more, right?
    If they fought it, they might lose and have to pay more. They might fool around and have to pay 5 billion. As it stands now, they make the whole thing go away for less than 10% of their earnings from stealing the idea. Case closed, gone, never to return. The Wisconsin guys are rich beyond their wildest dreams, the lawsuit goes away, Pepsico gets to keep producing the product and make a 90%+ profit in the process. Everybody wins.


    Wanna know the best part? They can write off the lawyer fees on their taxes...LMAO!!!! They might even be able to write off the 1.26 billion, but I don't know.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Price to PepsiCo for Not Being in Court: $1.26 Billion

    Quote Originally Posted by apdst View Post
    If they fought it, they might lose and have to pay more. They might fool around and have to pay 5 billion.
    That's not how lawsuits work. The $1.26B is a default judgment. There is no way that any eventual award could be larger.

    As it stands now, they make the whole thing go away for less than 10% of their earnings from stealing the idea. Case closed, gone, never to return. The Wisconsin guys are rich beyond their wildest dreams, the lawsuit goes away, Pepsico gets to keep producing the product and make a 90%+ profit in the process. Everybody wins.
    Or they could pay a few competent lawyers a couple mil to have a very good chance of making the entire thing go away, resulting in savings of approximately $1.258 billion. Which do you think makes more business sense?
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

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    Re: Price to PepsiCo for Not Being in Court: $1.26 Billion

    Quote Originally Posted by RightinNYC View Post
    That's not how lawsuits work. The $1.26B is a default judgment. There is no way that any eventual award could be larger.
    Ok, so show up, or not, the worst thing that could happen is that Pepsico is going to have to pay 1.26 billion. Why spend money on lawyers, when you can go ahead and cough up less than 10% of your profits to make this go away, forever.



    Or they could pay a few competent lawyers a couple mil to have a very good chance of making the entire thing go away, resulting in savings of approximately $1.258 billion. Which do you think makes more business sense?

    or, they could pay some cracker-jack lawyers a couple mil and wind up paying the 1.26 billion, anyway. It goes back to what I was saying in another thread about, "risk". There's not mcuh difference between 1.26 and 1.258. I would go ahead and pay the 1.26 and be done with it. Take my 48.74 billion and go on about my business. Not only does the lawsuit go away, all the bad publicity goes away, too.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Price to PepsiCo for Not Being in Court: $1.26 Billion

    Quote Originally Posted by apdst View Post
    Ok, so show up, or not, the worst thing that could happen is that Pepsico is going to have to pay 1.26 billion. Why spend money on lawyers, when you can go ahead and cough up less than 10% of your profits to make this go away, forever.

    or, they could pay some cracker-jack lawyers a couple mil and wind up paying the 1.26 billion, anyway. It goes back to what I was saying in another thread about, "risk". There's not mcuh difference between 1.26 and 1.258. I would go ahead and pay the 1.26 and be done with it. Take my 48.74 billion and go on about my business. Not only does the lawsuit go away, all the bad publicity goes away, too.
    I want to be sure about what you're saying, so you don't complain that I'm mischaracterizing your statement later on: You wouldn't spend $2 million to fight a lawsuit in order to have a strong chance at winning $1.26 billion?
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

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    Re: Price to PepsiCo for Not Being in Court: $1.26 Billion

    Quote Originally Posted by RightinNYC View Post
    I want to be sure about what you're saying, so you don't complain that I'm mischaracterizing your statement later on: You wouldn't spend $2 million to fight a lawsuit in order to have a strong chance at winning $1.26 billion?
    If I had to spend 1.26 billion, to make 48.7 billion, then no, I wouldn't. Please, don't forget the 48.7 billion part. And, I don't know if they made 48.7 billion off the deal, but if they're willing to just write off 1.26 billion like that, you can bet your buns that they made far more than 1.26 billion in profits.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Price to PepsiCo for Not Being in Court: $1.26 Billion

    Quote Originally Posted by apdst View Post
    If I had to spend 1.26 billion, to make 48.7 billion, then no, I wouldn't. Please, don't forget the 48.7 billion part. And, I don't know if they made 48.7 billion off the deal, but if they're willing to just write off 1.26 billion like that, you can bet your buns that they made far more than 1.26 billion in profits.
    Why should I remember the $48 billion number? You literally pulled it out of your ass.

    Furthermore, they weren't "willing to just write off 1.26 billion." Did you read the article? Or any posts in the thread?

    Finally, none of that bears on my question: You wouldn't spend $2 million to fight a lawsuit in order to have a strong chance at winning $1.26 billion?
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

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