Bernie Eccelstone pays a bribe to stop bribery trail....

In reply to turboswede:

Agreed, I have no problem following the money, note I didn't criticise China or some of the other races. Your race where your sponsors or manufactures sell the most product.

I think this would be a great way for the US economy to relieve some debt...take bribes/settlements for white color crimes.

trigun7469 wrote: I think this would be a great way for the US economy to relieve some debt...take bribes/settlements for white color crimes.

The only problem is that you have to make the "settlements" greater than not only the profit of the crime, but the economic damage they cause, or you're losing money. And if the fines are higher than the profit then people won't do it, will they?

GameboyRMH wrote:

trigun7469 wrote: I think this would be a great way for the US economy to relieve some debt...take bribes/settlements for white color crimes.

The only problem is that you have to make the "settlements" greater than not only the profit of the crime, but the economic damage they cause, or you're losing money. And if the fines are higher than the profit then people won't do it, will they?

That, right there, is some effed-up thinking.

You guys are presuming criminal actions with no proof. If proof exists, go after the bastids. If no proof exists, quit making e36m3 up. If proof exists and there is no prosecution, there is a bigger issue of corruption beyond what goes on in corporate boardrooms. OR, deals can be made when the laws are sketchy, the prosecution's case isn't a slam-dunk and the accused is willing to part with money.

You may not think nor act like Ecclestone but that doesn't mean you're (in any way) more ethical than him.

oldsaw wrote:

GameboyRMH wrote:

trigun7469 wrote: I think this would be a great way for the US economy to relieve some debt...take bribes/settlements for white color crimes.

The only problem is that you have to make the "settlements" greater than not only the profit of the crime, but the economic damage they cause, or you're losing money. And if the fines are higher than the profit then people won't do it, will they?

That, right there, is some effed-up thinking. You guys are presuming criminal actions with no proof. If proof exists, go after the bastids. If no proof exists, quit making e36m3 up. If proof exists and there is no prosecution, there is a bigger issue of corruption beyond what goes on in corporate boardrooms. OR, deals can be made when the laws are sketchy, the prosecution's case isn't a slam-dunk and the accused is willing to part with money. You may not think nor act like Ecclestone but that doesn't mean you're (in any way) more ethical than him.

I am saying the system does not work, take for example Martha Stewart, she wasn't found guilty of inside trading, she was found guilty of covering up the information to convict her of inside trading.

Well we were talking hypothetically about a new US law, not applying to Ecclestone's case specifically...although someone did go to jail for accepting his bribe, so there's that.

And what makes up a person's ethics other than their actions? I'd say not even thoughts are a factor. I don't bribe people and set up elaborate tax avoidance structures to hide most of my money in (and even if I did, it wouldn't be nearly as bad just judging by the scale of it)

I passed on a lot of money I could have made in order to be more ethical than Bernie Ecclestone so you won't take it away from me that easily.