Parts Catalog Accessories Catalog How To Articles Tech Forums
Call Pelican Parts at 888-280-7799
Shopping Cart Cart | Project List | Order Status | Help



Go Back   PeachParts Mercedes-Benz Forum > General Discussions > Off-Topic Discussion

Reply
 
LinkBack Thread Tools Display Modes
  #1  
Old 11-24-2013, 10:43 PM
Registered User
 
Join Date: May 2011
Location: NYC
Posts: 6,030
Japanese executives to spend time in US prison

Apparently for fixing prices of seat-belts sold to Japanese auto makers' US plants. And we're actually spending tax money on incarcerating foreign nationals who didn't physically injure anyone in the US. This is profoundly retarded -- shame the Japanese authorities don't tell us to go copulate ourselves with a fire axe, and that if we want 'em, we can come get 'em ourselves...

U.S. takes action in two auto parts price-fixing cases | Reuters

If anything, we should be grateful to them for giving Ford and GM a tiny bit of a leg up, since this particular instance only applied to US subsidiaries of Japanese auto makers.

Reply With Quote
  #2  
Old 11-25-2013, 05:35 PM
Registered User
 
Join Date: Dec 2005
Location: Carson City, NV
Posts: 3,850
I think the seventy million dollar fine was enough to get the point across. I don't think we need to spend money to lock people up over this.
__________________
Whoever said there's nothing more expensive than a cheap Mercedes never had a cheap Jaguar.

83 300D Turbo with manual conversion, early W126 vented front rotors and H4 headlights 400,xxx miles
08 Suzuki GSX-R600 M4 Slip-on 22,xxx miles
88 Jaguar XJS V12 94,xxx miles. Work in progress.
Reply With Quote
  #3  
Old 11-26-2013, 01:58 AM
Jim B.'s Avatar
Who's flying this thing ?
 
Join Date: May 2006
Location: N. California./ N. Nevada
Posts: 3,611
Talking

BECAUSE WE WON THE WAR, THAT'S WHY!
__________________
1991 560 SEC AMG, 199k <---- 300 hp 10:1 ECE euro HV ...

1995 E 420, 170k "The Red Plum" (sold)

2015 BMW 535i xdrive awd Stage 1 DINAN, 6k, <----364 hp

1967 Mercury Cougar, 49k

2013 Jaguar XF, 20k <----340 hp Supercharged, All Wheel Drive (sold)
Reply With Quote
  #4  
Old 11-26-2013, 09:27 AM
JB3 JB3 is offline
Registered User
 
Join Date: Jan 2010
Location: RI
Posts: 7,246
Quote:
Originally Posted by spdrun View Post
Apparently for fixing prices of seat-belts sold to Japanese auto makers' US plants. And we're actually spending tax money on incarcerating foreign nationals who didn't physically injure anyone in the US. This is profoundly retarded -- shame the Japanese authorities don't tell us to go copulate ourselves with a fire axe, and that if we want 'em, we can come get 'em ourselves...

U.S. takes action in two auto parts price-fixing cases | Reuters

If anything, we should be grateful to them for giving Ford and GM a tiny bit of a leg up, since this particular instance only applied to US subsidiaries of Japanese auto makers.
I have no problem with this. 70 million? pocket change for a big company, calculate that in as the cost of doing business and continue illegal activities.

However, if actual jail time is possible for a previously untouchable executive, then thats a far better deterrent to prevent continued schemes like this.
__________________
This post brought to you by Carl's Jr.
Reply With Quote
  #5  
Old 11-26-2013, 12:47 PM
Registered User
 
Join Date: May 2011
Location: NYC
Posts: 6,030
Quote:
Originally Posted by JB3 View Post
I have no problem with this. 70 million? pocket change for a big company, calculate that in as the cost of doing business and continue illegal activities.

However, if actual jail time is possible for a previously untouchable executive, then thats a far better deterrent to prevent continued schemes like this.
Funny that execs responsible for gouging prices of auto parts get jail time, yet the people responsible for corn and ethanol subsidies (aka gouging prices of healthy food) get no jail time.
Reply With Quote
  #6  
Old 11-26-2013, 02:37 PM
Registered User
 
Join Date: Oct 2012
Posts: 21,821
In the early days of the Texas oil boom crimes were committed by oil company owners on a regular basis. It was like NASCAR; if you weren't cheating you weren't really in it to win.

Fines meant nothing, but jail time did. Today when you operated in Texas in a regulated business, such as oil, you must have a registered agent in the state who will do the jail time if your company engages in criminal acts.

For further details contact the Texas Railroad Commission.

Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On




All times are GMT -4. The time now is 07:13 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2024 Pelican Parts, LLC - Posts may be archived for display on the Peach Parts or Pelican Parts Website -    DMCA Registered Agent Contact Page