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BlucifersVeinyAnus ,

“Oopsie! Hope we can afford the 2 million dollar fine!”

finickydesert ,
@finickydesert@lemmy.ml avatar

I wish the law got rewritten for companies so that it’s more of revenue + assets of the top level execs personally + the company as well. I know it isn’t going to happen, but I could dream.

Doom4535 ,

Honestly executives and board members who receive performance bonuses and golden parachutes should carry extra liability, such that these perks can be denied or even clawed back (and used to help the damages) when their decisions have these sort of outcomes. Nothing wrong with making more when things go well, but if you’re going to take a larger piece of the pie, then you need to be prepared to take a smaller piece when things go wrong (aka, cut executive pay before layoffs, etc.).

cheese_greater , (edited )

Disgorgement. It should be the bare minimum punishment floor. The problem with everything right now is the juice is still worth the squeeze cuz they all want to be able to do it

RagingRobot ,

If a company commits a large crime they should be shut down or nationalized. People can get the death penalty so companies should too

Makhno ,

I think people should get the death penalty, too, in this case. Fucking with healthcare literally kills people.

realcaseyrollins OP ,

TBF fines do more than that, they tank stock value if the company is publicly traded. That makes stockholders mad at the corporate leadership and threatens their jobs.

madcaesar ,

Oh no 😱 the stock value!! I guess that makes up for all of the people dying because they were denied care.

stoly ,

So they spent $400m to save money? How many decades until they break even? Imagine what good that money could have done.

SpaceNoodle ,

I’m sure they’re bilking patients out of hundreds of millions a year with that “investment.”

Assman ,
@Assman@sh.itjust.works avatar

“algorithmic system”? Was it a unix system?

mods_mum ,

What does one have to do with the other?

Iapar ,

Both are systems? 🤷

skuzz ,

Ref: m.youtube.com/watch?v=JOeY07qKU9c

noxy ,
@noxy@yiffit.net avatar

algorithmic system, so…Software?

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