this post was submitted on 05 Mar 2024
1164 points (98.7% liked)

Programmer Humor

19572 readers
1877 users here now

Welcome to Programmer Humor!

This is a place where you can post jokes, memes, humor, etc. related to programming!

For sharing awful code theres also Programming Horror.

Rules

founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[โ€“] NaibofTabr@infosec.pub 32 points 8 months ago (1 children)

Making it easy is precisely not the point. Having to deal with auditors combing through your accounting records and overseeing your operations until every dollar of illegally gained revenue is accounted for is the point.

The consequence should be onerous, cumbersome and embarrassing for the company.

[โ€“] rockSlayer@lemmy.world 13 points 8 months ago

I get what you mean, but I prefer massive fines due immediately vs expensive and drawn out processes. Using my example, the very absolute bottom of the barrel Intel's fine could be is a percentage of over $500B (Intel's revenue in 2009 was $35B, multiplied by 15). Even at 1% based on this floor, the fine would be over $5B.