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Sure, that sounds like fair solution. But that's not how capitalism works. You can be honest business or you can steal billions, get caught and pay a millions
by me_me_me 6y ago
Sure, that sounds like fair solution.
But that's not how capitalism works.
You can be honest business or you can steal billions, get caught and pay a millions in fines. I think everyone can see a problem here. You pay back less then you stole so this is an active encouragement to steal.
Most recent example, morgan stanley fraud for bilions in profit pays fine of 1.5 mil [0].
Reality is borrowing from Kafka.
[0] https://coinweek.com/bullion-report/morgan-stanley-mitsubishi-to-pay-almost-2-million-for-spoofing-precious-metals-futures/ https://coinweek.com/bullion-report/morgan-stanley-mitsubish...