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It's for accounting improprieties, not a drug hustle. The fine is proportional to the crime. Even if we charged $800 million for this, would we charge $800 mill
by rtpg 10y ago
It's for accounting improprieties, not a drug hustle. The fine is proportional to the crime. Even if we charged $800 million for this, would we charge $800 million for them not having a handicapped parking space at one of their offices?
Comparing to overall profits is counterproductive and dishonest. The punishment should fit the crime.
- TheCoelacanth 10y agoFraud is a serious crime. Much worse than selling drugs in my opinion.
- gingerrr 10y agoComparing to overall profits is necessary when the discussion is about whether the penalty financially screws Monsanto's shareholders over. Nowhere in the parent thread is there a discussion going on about whether this is an appropriate penalty, just whether or not it "screws" Monsanto - in the context of their 2015 earnings statement, it's obviously not.