Regulatory Penalties Quotes

Liability does apply with respect to the amount of the oil spill.

Well, I like regulation as little as anybody else. It can be intrusive. It can be detailed. It can be bureaucratic. It can be unevenly administered. It can be unfair. But most regulations that we have for mutual funds and for banks are regulations that we earned. We did something wrong and we're paying a price for it.

It is all very well and it sounds very seductive to say we are going to have harmonisation of regulations, but for example the way that funds are distributed around the states these days, you are positively penalised if you actually want to have say a lower payroll tax or sort of conditions.

If you just technically adhere to the law, sometimes that's enough, sometimes it's not; it's really hard to predict. There is definitely a possibility that the Chinese authorities won't find it sufficient.

They made a mistake. And it was an easy mistake to make. I don't regard setting incentives aggressively as a mistake. I think the mistake was, when the bad news came, they didn't recognize it directly. I don't think that impairs the future of Wells Fargo. They'll be better for it.

The American Justice Department has left us with no choice. Our lawyers say that if we don't register as a foreign agent, the director of our company in America could be arrested, and the accounts of the company could be seized.

When we find unjustified spikes in the prices of long-standing life-saving drugs, we should slap penalties on companies trying to cheat people who need those drugs!

Rules that may be easy for Wall Street are a death sentence for startups. They are easy to break accidentally and the penalty for noncompliance is severe.

In addition to fines, violators of decency standards could be required to air public service announcements serving educational and informational needs of children.