Reebok Fined Record $1 Million for Leaden Bracelets
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A million dollar fine, and that’s the biggest fine ever levied. I Googled around for a moment, and found this financial report from a few weeks ago — Adidas, which owns Reebok, had $15.6-billion in sales in 2007, and made a profit of $837.9 million. By my math, a $1-million fine, against income of $15.6-billion, is about the same rate as a $19 fine for someone making $30,000 per year. That’s the company’s punishment, for illegally using lead to make their trinkets, and killing at least one small child. And of course, nobody’s going to jail, and the company doesn’t even admit breaking the law. This is, effectively, no punishment at all — it’s getting away with murder, plain and simple.
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