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by dragonwriter
1880 days ago
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> This is a bizarre response. Really, its standard corporate spin when accepting a settlement, “We’re super happy to work with regulators to make things better.” When, of course, if the company had any interest in making things better the regulator would never have needed to get involved in the first place. Obviously, its deceptive, but its not bizarre, its just making PR lemonade out of PR lemons. |
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I'm still getting up to date on what happened here, but corporate malfeasance isn't incompatible with aggressive and even corrupt regulation. In fact my starting place is that both are likely.
What I reject is the claim that the State only steps in and takes action if the party they're investigating has done something wrong. That's absurd.