4 ms·
This is of no utility until the DoJ and courts start punishing corporations for breaking laws and regulations in some meaningful way. Right now, even egregious
by KennyBlanken 5y ago
This is of no utility until the DoJ and courts start punishing corporations for breaking laws and regulations in some meaningful way.
Right now, even egregious violation of regulations results in a trivial financial payment and the charges are put on the shelf - and forgotten about if the corporation "behaves." In theory. In reality, companies can keep breaking the law, violating those agreements to 'behave' - and the DoJ / courts never pursue the matter.
- pas 5y agoyou seem to be mixing up reporting regulations with the "we both know you did something shady but it was likely not explicitly illegal back then, so let's not go to court and waste each other's time, but let's never try that, and for this courtesy you pay us a few billion USD, mmkay?" deferred prosecution agreements. reporting regs are clear (clearer at least) than the other stuff.