Reply to post: Re: Passing the loss to the shareholders is fine

Equifax to world+dog: If we give you this $700m, can you pleeeeease stop suing us about that mega-hack thing?

Anonymous Coward
Anonymous Coward

Re: Passing the loss to the shareholders is fine

Its not that simple, it isn't like the market cap of a stock is a bank account, you can't "down the value" by a specific amount. What I suggest is really an all or nothing thing. Either you zero the value of the stock/bonds or you fine, there is no middle ground. The zeroing would be done only for egregious cases where the corporation deserves the "death penalty", for lesser cases a fine would continue to be the only viable option.

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