SIRATYST

SIRATYST (Stuff I Read and Thought You Should Too) -- “To ravage, to slaughter, to usurp under false titles, they call empire; and where they make a desert, they call it peace.” (Calgacus, as quoted by Tacitus, Agricola 30-31)"

Sunday, March 19, 2006

Corporations Stiffing Government on Fines

HOW CORPORATIONS GET PART OF THE $$ THEY USE TO PAY OFF THEIR HENCHPEOPLE (LIKE CANTWELL AND OBAMA):

Agency documents released under AP's FOIA request listed, for example, a $60,911,316 "commercial fraud" assessment for one company - but the case ended with a $15,000 collection by Customs.

The company, Richemont North America, contradicted the Customs reports, saying the case never reached the point of an actual, multimillion dollar fine.

Admittedly, some paperwork was not in order, company lawyer Alan Grieve said, but he added: "Ultimately, the size of the settlement does reflect the fact that Richemont had no major problem at all."

LJansen at 7:22 AM

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