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IMO, corporate fines like this should be structured in terms of percentages of gross annual revenue + total Market Cap + total gross assets. And start at intege
by bradknowles 3y ago
IMO, corporate fines like this should be structured in terms of percentages of gross annual revenue + total Market Cap + total gross assets. And start at integer percentages above 0%.
Make them start at a number that the board will actually notice and want to actively avoid.
So, if you're a trillion-dollar company, then the fines start at 1% of a trillion dollars, and goes up from there.