this post was submitted on 09 Jul 2026
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cross-posted from: https://lemmy.world/post/49222005

Classic move ;)

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[–] Marshezezz@lemmy.blahaj.zone 29 points 20 hours ago (1 children)

They’ll just get end up getting subsidies if they have to even pay anything

[–] ParlimentOfDoom@piefed.zip 5 points 17 hours ago (2 children)

Subsidies for what? Those fines are like 3/4 of their market cap, there's zero way to pay that and remain an existing company.

[–] Tollana1234567@lemmy.today 1 points 1 hour ago

i doub tthey get fined that much. but they are important to keeping boomers in the right wing spheres by peddling propaganda.

[–] Senal@programming.dev 5 points 17 hours ago (1 children)

** The banking industry, hiding in the corner looking sheepish **

[–] ParlimentOfDoom@piefed.zip 2 points 17 hours ago (1 children)

That would be an egregiously stupid loan to make for any bank. These fines are from only 3 states. If they actually succeed, more states are going to line up to collect their pound of flesh. Giving the company a lifeline would only allow more debt to pile up, with zero expectation of return

[–] Senal@programming.dev 11 points 17 hours ago

I meant the banking industry over leveraging themselves into extinction and then walking it off because if subsidies and bailouts