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Shandris

(3,447 posts)

9. It's only a deterrant if its larger than the amount they made (which I'm assuming it isn't)

Reply to krawhitham (Reply #7)

Mon May 19, 2014, 08:23 PM

May 2014

A little quote snippet (ironically enough, from a game) during the 90's has long stuck with me and been proven true over and over and over again.

"The cost of compliance is always greater than the cost of the fine." And so long as that's true, no amount of fine will ever serve any substantial purpose.

Personally speaking, if corporations are people and people can suffer the death penalty, well...you put two and two together. Part their assets out like a vehicle's parts to those who haven't egregiously violated the law and cost people their lives and livelihoods.

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Highlight:

Aw Crap... Why Do We Even Bother... [View all] WillyT May 2014 OP

What result would you have rather seen? ... 1StrongBlackMan May 2014 #1

No... The Business Could Go On After A Good House-Cleaning, And 10 Years In Prison Ought To... WillyT May 2014 #2

In order to jail the CEO and/or the Chairman ... 1StrongBlackMan May 2014 #4

Yeah... You're Probably Right... After Purchasing Our Congress... Even Dick Durbin Knows It... WillyT May 2014 #6

Well, there is this: dixiegrrrrl May 2014 #12

Maybe ProSense May 2014 #3

Yeah ... 1StrongBlackMan May 2014 #5

$2.6 billion is not a deterrent?? krawhitham May 2014 #7

Not really Nevernose May 2014 #8

It's only a deterrant if its larger than the amount they made (which I'm assuming it isn't) Shandris May 2014 #9

Not Compared To What They're Worth... WillyT May 2014 #11

Good grief. Do the math. woo me with science May 2014 #17

Not surprising, not at all. n/t Jefferson23 May 2014 #10

Steal $50 billion, pay $2.6 billion in fines. It's a great business plan if you have no ethics. Scuba May 2014 #13

Exactly !!! WillyT May 2014 #14

The first thing I noticed? Le Taz Hot May 2014 #15

+1 woo me with science May 2014 #16

Kick woo me with science May 2014 #18

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