Do Companies Fear the Law? The Signs Say No [The New York Times]
Ford Motor Company (F)
Last ford motor company earnings: 4/28 04:09 pm
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Source: The New York Times
DealBook Business and Policy Get the DealBook newsletter to make sense of major and policy headlines — and the power-brokers who shape them. __________ Corporations cannot seem to avoid misconduct. Ford Motor recently announced a criminal probe of its emissions and fuel economy testing, federal investigators are examining Goldman Sachs’s involvement in a large-scale fraud in Malaysia, and Facebook’s legal woes with user privacy have been well documented over the past year. The question is whether large penalties imposed on companies deter them from future bad behavior. The answer appears to be “no.” Take Wells Fargo, for instance. For years, the bank created fake accounts for customers to inflate cross-selling of its products. That resulted in a $185 million penalty from regulators in 2016. That year it was also hit with a $1.2 billion penalty have had minimal effect paid a $550 million penalty pleaded guilty Prosecutors are pushing for Goldman to plead guilty to charges related to i
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F
Earnings
- 2/6/24 - Beat
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Sec Filings
- 4/5/24 - Form DEFA14A
- 4/3/24 - Form 8-K
- 4/2/24 - Form PX14A6G
- F's page on the SEC website