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Fines and damages are different things. Damage payments would be meant to actually compensate for the amount of damage caused, but where exactly is an "unmeasu
by brazzy 9y ago
Fines and damages are different things.
Damage payments would be meant to actually compensate for the amount of damage caused, but where exactly is an "unmeasurable" amount of money going to come from? Additionally, if you did make Wall Street pay "unmeasurable" damage and all of it went bankrupt and disappeared, the result would be worse for everyone. Yeah, that's not fair, but such is life.
On the other hand, the point of a fine is to discourage unwanted behaviour. To have that effect, it only needs to be larger than the profit from the unwanted behaviour, and 10 figures is probably large enough for that.