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