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09-28-2020, 02:38 AM
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#25
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Drives: 2009 e92 335i LBlue Met
Join Date: May 2011
Location: East Lansing, Michigan
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Quote:
Originally Posted by mkoesel
Quote:
Originally Posted by GrussGott
The violating companies BMW AG, BMW NA and BMW US Capital agreed to pay a joint penalty of $18M.
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• With inflated numbers, the company raised approximately $18B from investors in several corporate bond offerings.
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So then, in conclusion, the penalty for cheating is approximately 1/1000th of the resulting income. Got it.
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Such a great incentive
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