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TheMadMonk

(6,187 posts)

7. No incentive. Corporate punishments rarely if ever...

Reply to DallasNE (Reply #6)

Mon Jan 21, 2013, 10:17 AM

Jan 2013

...excede the gain made before getting caught.

When it costs $100,000 to legally dispose of a truckload of blue asbestos wool, and the fine is $30,000, WTF do you think happens after the inspector knocks off for the day. (Numbers plucked from bum for illustrative purposes only)

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Highlight:

RBS awaits hefty fines for Libor rigging [View all] alp227 Jan 2013 OP

Where is prison for these people?? Angry Dragon Jan 2013 #1

Charges Need to Be Brought Against monsieur diamond triplepoint Jan 2013 #2

You'd think the need is simple on this issue DavidWD72 Jan 2013 #3

Fines Only Hit The Stockholders DallasNE Jan 2013 #4

And so? Burnt shareholders will dump stock... TheMadMonk Jan 2013 #5

Can You Give Me One Recent Example DallasNE Jan 2013 #6

No incentive. Corporate punishments rarely if ever... TheMadMonk Jan 2013 #7

Only not in America. Orsino Jan 2013 #8