Saturday, August 11, 2012

"Too big to fail" or punish...

Anyone else read the article about FTC recognizing that all their "settlements" they come up with companies like FB where the company is allowed to evade admitting guilt when FB was found to be abusing the privacy of their users. How can the FTC look at themselves in the mirror and be happy that they ended up with such a watered down "punishment" It is one reason why a company like FB will continue to play fast and loose with the rules-if a company can get punished without paying fine or admitting guilt, then it says a lot about what has happened to the "laws" in this country when it comes to dealing with businessess that have become "too big to fail" or punish!

-A Myabuy Man

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