Friday, 29 January 2016

Elizabeth Warren's new 1%: the percentage of fraudulent profits companies pay in fines

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In Rigged Justice: 2016
How Weak Enforcement Lets
Corporate Offenders Off Easy
, a 12-page booklet, Senator Elizabeth Warren documents corporations that were caught undertaking grossly fraudulent, highly profitable actions, and were made to pay a trivial fraction of those profits in fines -- fines become a part of the cost of doing business, not a deterrent to criminal behavior.
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