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Date: | Fri, 22 Aug 2003 11:57:29 -0500 |
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At 10:15 AM 8/22/2003, James B. Byrne wrote:
>On 20 Aug 2003 at 13:17, Wayne Brown wrote:
>
> > The article is titled "Bank in HP merger fined
> > > $750,000". It can be found at:
>
>Is it just me but does anyone else see the incongruity of fining a
>bank $750,000 when it gained $2,000,000 by the offence? More to
>the point, why should the shareholders and customers of a bank
>have to pay the fines for the misdeeds of employees? Shouldn't the
>individuals have to pay? So long as fines are levied against
>artificial persons and paid for from the profits of misdeeds where is
>the incentive to reform behaviour?
I personally feel the same, in terms of Carly swinging HP funds this way
so as to 'influence' the bank as to changing it's vote and thereby changing
the outcome...
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