Did you already forget the VW diesel scandal? That was exactly that - a huge corporation systematically breaking the law with lots of people even in the highest ranks aware of and supporting it.
Did you already forget the VW diesel scandal? That was exactly that - a huge corporation systematically breaking the law with lots of people even in the highest ranks aware of and supporting it.
https://www.bloomberg.com/news/articles/2017-12-06/vw-execut...
to quote vincent vega re: the keying of his car, it would be worth having them do it, just to catch them doing it.
https://money.cnn.com/2017/09/29/investing/volkswagen-diesel...
$30 billion is not small fines, add to that that it isn't over yet. It's already more than what BP paid for their oil spill, and the oil spill is thousand times worse in terms of its environmental effect.
At least in this article it's the biggest fine for any corporate crime levied.
https://www.alternet.org/economy/17-worst-corporate-crimes-2...
There are very few fines that have been higher. Hyundai only paid $100 million for their emission scandal one year before, with not much fanfare: http://time.com/3555696/hyundai-kia-fined-carbon-emissions/
Exxon, Royal Caribbean, Rockwell International, Warner-
Lambert, Teledyne, and United Technologies each pled
guilty to more than one crime during the 1990s.
https://www.alternet.org/economy/17-worst-corporate-crimes-2... Five banks (Citigroup, JPMorgan Chase, Barclays, Royal
Bank of Scotland and UBS) had to pay a total of $2.5
billion to the Justice Department and $1.8 billion to
the Federal Reserve in connection with charges that they
conspired to manipulate foreign exchange markets.
https://www.cheatsheet.com/money-career/4-of-the-biggest-cri... In 2008 and 2009, a salmonella outbreak killed nine
people across the U.S. and sickened hundreds more. The
source of the contamination was traced back to the
Peanut Corporation of America (PCA), a Virginia company
run out of its CEO’s garage. The salmonella outbreak
turned out not to be a tragic accident, but rather the
direct result of PCA’s and CEO Stewart Parnell’s
decision to intentionally ship contaminated products. In
2014, Parnell was convicted for his role in the crime.
The list just goes on and on and on and on.