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> Suppose ~Tim Cook’s daughter~ the CFO of Apple was arrested in Thailand for Apple’s alleged breach of China’s sanctions against Saudi Arabia. The CFO of the
by shliachtx 6y ago
> Suppose ~Tim Cook’s daughter~ the CFO of Apple was arrested in Thailand for Apple’s alleged breach of China’s sanctions against Saudi Arabia.
The CFO of the company is responsible for the company's financial behavior, being the daughter of the founder does not exempt her.
- xster 6y agoThe CFOs of Banco do Brasil, Bank of America, Bank of Guam, Bank of Moscow, Bank of Tokyo-Mitsubishi, Barclays, BNP Paribas, Clearstream Banking, Commerzbank, Compass, Crédit Agricole, Deutsche Bank, HSBC, ING, Intesa Sanpaolo, JP Morgan Chase, National Bank of Abu Dhabi, National Bank of Pakistan, PayPal, RBS (ABN Amro), Société Générale, Toronto-Dominion Bank, Trans-Pacific National Bank, Standard Chartered, and Wells Fargo enter the chat. https://archive.is/kyKGf https://archive.is/kyKGf
- eee_honda 6y agoYou and i both know that person is not going to change their views based on new info.
- dirtyid 6y agoUS DoJ initiative to extradite Chinese nationals month before her arrest. [1] https://www.justice.gov/opa/speech/attorney-general-jeff-sessions-announces-new-initiative-combat-chinese-economic-espionage https://www.justice.gov/opa/speech/attorney-general-jeff-ses... There's a reason some US analysts compared her arrest and escalation reminiscent of coldwar kidnapping. It's easy to engineer legal rationales to justify any action, that's why IR operates more on norms than rule of law. Pair this with China being the first "great power competitor that is not Caucasian" and it's not hard to see why other banks just get fines. Hint: same reason some group get fines for drug violations while other goto jail.
- shliachtx 6y agoThat may very well be the case, it does appear to be selective enforcement - but the comment I was responding to made it sound as if the person arrested was merely related to the CEO, when she is in fact the CFO.