Comment by tw04
5 hours ago
If corporations are people, then they should face the exact same punishment as a person. If any individual perpetrated this level of fraud they might be spending the rest of their life in jail. See: bernie madhoff.
5 hours ago
If corporations are people, then they should face the exact same punishment as a person. If any individual perpetrated this level of fraud they might be spending the rest of their life in jail. See: bernie madhoff.
> If any individual perpetrated this level of fraud they might be spending the rest of their life in jail. See: bernie madhoff
…what is the factual basis for comparing this to Madoff?
How is the circle of passing draconian laws instead of proportional response then driving draconian regimes to abuse that permit not a lesson we can learn?
>what is the factual basis for comparing this to Madoff?
the jury's ruling?
- extraordinary number of willful violations found by the jury - the duration and repetition of the conduct - the breadth of subjects on which violations occurred - the involvement of senior Facebook leadership - the size of New Mexico audiences reached - clear intentional and systematic nature of Facebook’s repeated misstatements
That's an extremely high bar to hit and Facebook cleared it. Madoff's scheme, even adjusted for inflation, tops out around 200b dollars or so. Facebook clears the overall financial bar by a whole magnitude, and its effects were felt globally.
You seem very fixated on downplaying just how historical a case this (and/or proceeding cases against FB) will be. This will easily go down in the same lane as cigarettes on how people remember this era.
>How is the circle of passing draconian laws
Do I really need to bring out the Martin Luther King Jr. quote here just because we're so fixated on legalities? Let's remember nothing cigarette companies did were illegal as well.
> Let's remember nothing cigarette companies did were illegal as well
What are you getting at? That we should jail people for not breaking laws?
The fact that you're comparing this to fucking Hitler is insane. Even you know it, which is why you were too embarrassed to say it.