Tom Ritchford on Nostr: A tiny fine, for Boeing. Their annual revenue is $76.442 billion, so this fine is ...
A tiny fine, for Boeing.
Their annual revenue is $76.442 billion, so this fine is about 0.3% of it. Their gross profit is $7.677 billion, so this is about 3% of it.
And they can take the fine off their taxes.
They'll do it again in a heartbeat.
I propose instead a $25 billion fine, and 25 year jail terms for the entire C-suite team. Now that would be a deterrent.
Their annual revenue is $76.442 billion, so this fine is about 0.3% of it. Their gross profit is $7.677 billion, so this is about 3% of it.
And they can take the fine off their taxes.
They'll do it again in a heartbeat.
I propose instead a $25 billion fine, and 25 year jail terms for the entire C-suite team. Now that would be a deterrent.