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0 points9nGQluzmnq3M6y ago0 comments

Like we do now: you hit it in the pocketbook with massive fines.

Also, the CEO may not go to jail, but the local people actually doing the bribery should.

0 comments

That’s the problem: we’re not doing that.

Per the friendly article, Walmart has spent over $1 billion total on this (fine, legal fees, investigation), which is a noticeable number even by megacorp standards.

pmiller26y ago

Legal and investigative fees are not “massive fines.” Those are optional. They could have admitted guilt 10 years ago and not had to pay them.

And, speaking of 10 years, they had that long to spread that billion dollars over. They’ve probably made $300B in that time. $1B is a drop in the bucket.

ionised6y ago

1 billion is pittance to Walmart

j / k navigate · click thread line to collapse

0 points9nGQluzmnq3M6y ago0 comments

Like we do now: you hit it in the pocketbook with massive fines.

Also, the CEO may not go to jail, but the local people actually doing the bribery should.

0 comments

pmiller26y ago

That’s the problem: we’re not doing that.

9nGQluzmnq3MOP6y ago

Per the friendly article, Walmart has spent over $1 billion total on this (fine, legal fees, investigation), which is a noticeable number even by megacorp standards.

pmiller26y ago

Legal and investigative fees are not “massive fines.” Those are optional. They could have admitted guilt 10 years ago and not had to pay them.

And, speaking of 10 years, they had that long to spread that billion dollars over. They’ve probably made $300B in that time. $1B is a drop in the bucket.

ionised6y ago

1 billion is pittance to Walmart

j / k navigate · click thread line to collapse