@[email protected] to World [email protected]English • 21 days agoChiquita found liable for financing paramilitary groupwww.cnn.comexternal-linkmessage-square94fedilinkarrow-up1805arrow-down12cross-posted to: [email protected]
arrow-up1803arrow-down1external-linkChiquita found liable for financing paramilitary groupwww.cnn.com@[email protected] to World [email protected]English • 21 days agomessage-square94fedilinkcross-posted to: [email protected]
minus-square@[email protected]linkfedilinkEnglish82•20 days agoThe fine? $38 million. Chiquita Brands International’s profits in 2023? $3.1 billion. That’s a slap on the wrist if anything. Just the cost of doing business I guess.
minus-square@[email protected]linkfedilinkEnglish41•edit-220 days agoTo put that into context: if all you had was a $100 USD Note, the equivalent of that “slap on the wrist” fine would be $1.23
minus-square@[email protected]linkfedilinkEnglish10•20 days agoI’ll do the math when I get home, but that serms high. Gut instinct I thought it would be more like $0.10.
The fine? $38 million.
Chiquita Brands International’s profits in 2023? $3.1 billion.
That’s a slap on the wrist if anything. Just the cost of doing business I guess.
To put that into context:
if all you had was a $100 USD Note, the equivalent of that “slap on the wrist” fine would be $1.23
I’ll do the math when I get home, but that serms high. Gut instinct I thought it would be more like $0.10.
(38 mill/3.1bil)*100=1.2258 roughly