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Well if you took away 30% of my year's income I'd be quite hurt.
by StavrosK 6y ago
Well if you took away 30% of my year's income I'd be quite hurt.
- sofixa 6y agoIt's 30% of profit, not income, so more akin to someone taking 30% of your savings or "fun" money.
- pbhjpbhj 6y agoDo you mean emotionally hurt or, like, you'd struggle to eat hurt? Did they reduce CEO income by 30%? I'd be impressed if they had. Mind you some CEOs take 1000× median income so 30% is still pretty unlikely to hurt them (but I don't know the relevant details in this case).
- StavrosK 6y agoDo you think the fine should have been big enough that the company would struggle to function? It needed to be big enough to make it cheaper to comply than not. I believe it achieved that purpose. Anything else is just revenge.