And it's not that we love to imprison people in the US, it's that we love to imprison the wrong people.
And it's not that we love to imprison people in the US, it's that we love to imprison the wrong people.
The Swift Ban was as close to an economic death penalty as you can give a bank, we should do it more often to corporations, public or private, that act the fool
(Looking at you, China, with your manipulation of both CNH and CNY)
https://en.wikipedia.org/wiki/SWIFT_ban_against_Russian_bank...
Surely you don't mean by this that they don't care about money. Isn't the cynical take normally that corporations are amoral money maximizing juggernauts? Why wouldn't they respond to adequate threats?
Once someone earns about 10 million they can live for the rest of their life in a reasonable way without working again. So when you are an executive who has assets of 50 to 70 million and your stock, which was worth 10 mil is now worth 7 mil you aren't hurt that bad.
The company can they raise prices, cut quality, and fire people to reduce costs to make up for the fine. The stock might eventually even go higher than it was before.