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313

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[–] [deleted] 1 pt (edited )

“In my view – better to opt to for option three in a controlled fashion now, than in an uncontrolled fashion later,” he wrote.

It's kind of magnified now with the SEC involved they basically shot themselves in the foot trying to avoid bad reputation so now they have colusion to avoid compliance right in the memo's.

They should have cut huge checks and had the employees sign a paper acknowledging the computer error "not but works" and given them interest on the pay difference. Google is loaded, just drop bullshit, drop the cash, and now not only will they pay. They now lost their rep and have much bigger fines since they knowingly let this go on for years just talking about it in meetings and internel memo's. They are morons and just doing the right thing with some extra cash would have buried this entire problem except the SEC filing unless they have an option to file a correction over a year later saying it was an accident and they have corrected it and are now correcting the filing.

In this case some honesty would be the best policy and not worry about a budget that is going to take a much greater his than it would have if they went into action immediately. I got a feeling the back pay and bonuses are going to be huge compared to what they would have been plus a fine that might be more than that on top of it so it's likely 2 x or much much more.

People with morals that do not know how bullshit on purpose Google searches are will likely be dumping a lot of the stock at the first profitable moment. Google stock might plunge with so many people that bought it when Google was do no evil but now that rep is in the toilet. I think and have for almost a decade that google was morally bankrupt btw just so we know I had no illusions for many years and then Snowden's incident and wikileaks put the fork in it confirming my thoughts.