"Khosla could face fines of $11,250 a day, or more than $4 million a year, for every violation of the state’s Coastal Act"
For someone worth over $1 billion that's a pittance. He'll makes more than that simply by putting his money in short term CDs. (Or the 7% returns from the S&P 500.)
Could he also be jailed for violating a court order? That would get his attention.
For someone worth over $1 billion that's a pittance. He'll makes more than that simply by putting his money in short term CDs. (Or the 7% returns from the S&P 500.)
Could he also be jailed for violating a court order? That would get his attention.