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Date: | Fri, 22 Aug 2003 09:10:23 -0700 |
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On Friday, August 22, 2003, at 08:15 AM, 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?
Email GWB about this matter. He'll "bring them to justice". :-))
FW
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