Comment Re:3 million+ to the lawyers (Score 2, Interesting) 71
I was once amused to discover that I had been entitled to a few dollars for seeing a sony movie that was falsely advertised, as well as for buying a dvd that wasn't cropped properly. I too didn't collect on my bounty.
To me, the purpose of such settlements isn't necessarily to benefit me, the wronged consumer, for past transgressions by the offender. It is to prevent offensive behavior in the future, which will benefit me in the future, as I won't be subject to such offenses then.
This does seem weird, though, as the stakes are somewhat different for individuals/people, who face jail time for such offenses. If Madoff can pay off his debts, shouldn't we let him continue as a stockbroker, as long as he ensures that he will act within the confines of the law?
To me, the purpose of such settlements isn't necessarily to benefit me, the wronged consumer, for past transgressions by the offender. It is to prevent offensive behavior in the future, which will benefit me in the future, as I won't be subject to such offenses then.
This does seem weird, though, as the stakes are somewhat different for individuals/people, who face jail time for such offenses. If Madoff can pay off his debts, shouldn't we let him continue as a stockbroker, as long as he ensures that he will act within the confines of the law?