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by imcoconut
2058 days ago
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Correct. I do believe what they did was quite evil, and they should be disgorged of all profits - and if that bankrupts them then all the better. While 8.3bn is still not the 11bn they made in profits, it's still significantly more than 225mn. The headline is misleading. |
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The company, of which they likely will not retain control, is settling for ~8billion.
Importantly, the company itself DOES NOT HAVE THAT MUCH MONEY. It is expected to pay it off over time, assuming it remains solvent.
The Sacklers, on the other hand, have drained nearly 10 billion dollars from the company account into their personal estate, and are retaining all but 225 million of it.
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My hot take - They can keep the fucking money, let them buy as much ramen from the prison commissary as they'd like.