If my math is correct, I’m sure that .0003% of their annual revenue fine will reallly teach ‘am a lesson.
That is a FANTASTIC comment!
I used to regulate financial services. A huge case about 23 years ago; Merrill Lynch issuing crap research reports to support their underwriting efforts to bring garbage to IPO. Hundreds of millions badly invested because it went out over Henry Blodgett’s name. Merrill Lynch got fined one third of their AFTER TAX profit for ONE Quarter.
The regulatory schemes in this country are a sick joke.
And the money won’t even go to the family of the deceased.
That's just the govt. fine. The workers comp. lawsuit that follows will cost them millions...
Would just about cover a down payment on a large piece of construction equipment.