Quote:
Originally Posted by pwalker8
Frankly, no I don't think the the Justice Dept. is keeping as close an eye on them as they are the BPH-5 and that they will jump all over Amazon any time they act as badly as we are told that the BPH-5 were (note, they settled out of court without admitting guilt so nothing was ever proven in court. Most of the reports on what the BPH-5 were doing was from reports being feed to the press by the prosecutors). The Justice Department seems to be a lot more worried about grabbing headlines and extracting money out of companies than they are about actual wrong doing and punishing the guilty.
Amazon keeps very little cash on hand, especially compared to companies like Apple. It's actually a pretty good strategy if you want to keep off the Fed's target list. I noticed this week that the Feds extracted another billion plus out of a Swiss Bank without ever actually prosecuting anyone or sending anyone to prison.
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The Feds have no one to prosecute because the guilty parties almost always settle for paying out a big chunk of money to make the whole thing go away supposedly without admitting guilt. But the fact they are settling pretty much means they know they are guilty and if found to be so at trial, would cost them a whole lot more than what they settled for.
Of course there are exceptions like Apple, who was found guilty anyway and now will be under scrutiny for years to come.