Rasputin_Vol
"Slava Ukraina"
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GM faces $900M fine in ignition switch probe
So they knew for 10 years that people were dying and they will end up paying around $1 billion and firing a few engineers.
HSBC Judge Approves $1.9B Drug-Money Laundering Accord
U.S. Hits JPMorgan With $2B Penalty Over Madoff Scandal
Barclays, UBS among six top banks fined nearly $US6bn for rigging foreign exchange, Libor rates
Compare all of that where you have actual victims that have lost their lives or their life's savings or criminal money laundering to what Volkswagen is facing...
Volkswagen could face $18 billion penalties from EPA
That fund, run by lawyer Ken Feinberg, who also ran the 9/11 victims compensation fund, has approved settlement offers for families of 124 victims who were killed and 275 who were injured. GM has set aside more than $600 million to cover those settlements.
In 2014, GM admitted that some of its employees knew about the ignition switch defect as early as 2003. Company attorneys and outside counsel approved settlements with families who lost loved ones in accidents caused by the defect. But the company didn't recall any cars until February 2014. Eventually it recalled 2.6 million cars equipped with the defective ignition switches.
CEO Mary Barra fired 15 engineers and attorneys for not doing more to tell higher-ranking executives how serious the problem was. The company then initiated a record number of recalls that affected nearly 30 million vehicles worldwide last year and reorganized its safety response organization.
So they knew for 10 years that people were dying and they will end up paying around $1 billion and firing a few engineers.
HSBC Judge Approves $1.9B Drug-Money Laundering Accord
HSBC Holdings Plcs $1.9 billion agreement with the U.S. to resolve charges it enabled Latin American drug cartels to launder billions of dollars was approved by a federal judge.
U.S. Hits JPMorgan With $2B Penalty Over Madoff Scandal
Barclays, UBS among six top banks fined nearly $US6bn for rigging foreign exchange, Libor rates
Compare all of that where you have actual victims that have lost their lives or their life's savings or criminal money laundering to what Volkswagen is facing...
Volkswagen could face $18 billion penalties from EPA