A newly released memo from the banking giant Wells Fargo outlines a predatory scheme to dismantle the USPS: sell off profitable parts, slash union jobs, and raise prices by up to 140 percent.
Totally. It wasn’t close to being enough. The entire board should have been arrested for fraud, at the very least. At least it wasn’t some laughably low amount like we’re used to, I’m surprised it was even this high.
I really wish we’d start prosecuting and imprisoning leadership boards for really anything the company does wrong. It’s really amazing the way we let companies just get away with every single thing, I mean how much more predictable could the slide to shittiness be?
It hardly made a dent, though.
Link
Totally. It wasn’t close to being enough. The entire board should have been arrested for fraud, at the very least. At least it wasn’t some laughably low amount like we’re used to, I’m surprised it was even this high.
I really wish we’d start prosecuting and imprisoning leadership boards for really anything the company does wrong. It’s really amazing the way we let companies just get away with every single thing, I mean how much more predictable could the slide to shittiness be?
Damn straight.
This is exactly why fees would be revenue based. A flat 1% of annual revenue per offense would very quickly get that shit to stop.
I was looking for this comment. ALL fines should run as a percentage of annual income or profits. This includes traffic tickets and other fines.
Didn’t a country do speeding tickets as a percent of income?
Talked to the board and my state senator and they are good with this, so long as at every 100 offenses it rolls over back to 0 like an odometer.