• Omnificer@lemmy.world
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    10 months ago

    They reported 9.9 billion in profit for their third quarter last year, so I think 458 minutes of profit from that quarter.

    I assumed 90 days in the quarter, or 129,600 minutes.

    So dollar or minute wise, that comes out to a 00.35% penalty to that quarter.

    Edit: Which isn’t even close to the 36 minutes in that article, so I’d err on me being the wrong one.

    Edit 2: I think I see the difference, I was looking at their profit, not their revenue.

    • Serinus@lemmy.world
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      10 months ago

      Your calculations look right to me. That’s a little under eight hours of profit.

    • Appoxo@lemmy.dbzer0.com
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      10 months ago

      We need percentage based fees…
      Make it a 10% of the quartely gross or something depending on the severity.