Wednesday, July 31, 2013

Which Corporate Crime is More Serious?

See if you can guess which corporate crime is punished more severely:

A. Serving customers cheap booze when they paid for top shelf.

B. Destroying evidence to cover up culpability for a fatal industrial accident.

If you guessed "A", then you are right. TGI Fridays paid a fine for switching booze that was two and a half times the fine paid by Halliburton for destroying evidence related to the catastrophic Gulf Oil Spill of 2010.

Crimus, the employees at Halliburton probably waste more than $200,000 in coffee each week.

Halliburton also coughed up $55 million in blood money to the National Fish and Wildlife Foundation. They said the donation was "voluntary", which could mean that even Halliburton was embarrassed by the pittance it had to pay for a fine.

Justice may be blind, but sometimes she also seems to have a very low IQ.

2 comments:

  1. "If you guessed "B", then you are right" ????
    Did you mean "A" ?? I'm confused (which is often the case)

    ReplyDelete
  2. No, you're right. I screwed up. Fixed it. Thanks for the catch.

    ReplyDelete

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