mhoyeWe really, really need to enshrine in law the idea that fines be proportional to the size of the entity being fined. Stop fining near-trillion-dollar companies in the millions and start fining them in percentages of their market cap. Fifty million dollars is shake out the couch money to these guys. Two percent of market cap and you're goddamn right they'll pay attention.
Martijn Frazer@mhoye It's an incredibly basic point to make, but if a company made more money with a crime than they have to pay in fines, then that crime is worth it.
It's just a tax on crime, but not in any way an incentive to stop doing crimes. It makes business-sense to keep doing the crime.