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jstummbillig • today at 5:09 PM • 2 replies • view on HN

What is this financially illiterate nonsense? It's a fine that is certainly high enough that it incentives change (you don't want a repeat €805m fine on your balance sheet) and presumably that is what we care about. Because we are adults, and it's not about vengeance. It's about pushing people to do the right thing. Right?

Right...?


Replies

nalekberov • today at 5:20 PM

Wrong! These fines for them are just cost of doing business.

You might naively believe that these fines would move the needle, but nothing is going to change unless these billionaires a. Are blocked from doing business unless they act appropriately or b. Go into jail

CaptWorld • today at 5:26 PM

Adults? I sincerely doubt there are any left. The people are financially illiterate so they elect leaders who behave the same way.