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Re: BBANBOB post# 423770

Wednesday, 05/20/2015 11:31:57 AM

Wednesday, May 20, 2015 11:31:57 AM

Post# of 734757
bban, you got it, it is taught now at major business schools. There are actually classes in risk/reward based on what are called gray area practices.

There are even ratios calculated for regulatory, government and civil penalties and if the reward is so many times the potential penalty then it is considered a cost of doing biz. Not sure if it is part of gaap but in the future it probably will be. Great society we live in.

What ever her name, ie, the attorney general was asked if the fines were related to the actual profit and she said no, they were related to the time frame (length) of the crime.

pathetic, just so pathetic.
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