Warner Music Group chairman and CEO Edgar Bronfman Jr. has been convicted and fined over insider trading.
The ruling, in French court, came as a surprise as even the prosecutor had recommended that the executive be cleared of charges due to lack of evidence.
During his time as an executive vice president for Vivendi, Bronfman was known as a "mastermind" behind giant mergers in the ... [ read the full article ]
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Originally posted by Tristan_2: Let's see them try to get out of this one, We know companies misslead others on Piracy talk and other stuff all the time
thats the sad part, they will get away with it.
$6.7 million is like 50 Cents to these, Execs. not to mention suspended jail isn't even jail time.
these are the type of men who can destroy the worlds economy 10 fold and get away with a slap on the wrist.
Originally posted by Tristan_2: Let's see them try to get out of this one, We know companies misslead others on Piracy talk and other stuff all the time
thats the sad part, they will get away with it.
$6.7 million is like 50 Cents to these, Execs. not to mention suspended jail isn't even jail time.
these are the type of men who can destroy the worlds economy 10 fold and get away with a slap on the wrist.
This is definitely a slap on the wrist..the Bronfmans are worth over $2 billion!
Originally posted by Tristan_2: Let's see them try to get out of this one, We know companies misslead others on Piracy talk and other stuff all the time
thats the sad part, they will get away with it.
$6.7 million is like 50 Cents to these, Execs. not to mention suspended jail isn't even jail time.
these are the type of men who can destroy the worlds economy 10 fold and get away with a slap on the wrist.
This is definitely a slap on the wrist..the Bronfmans are worth over $2 billion!
Even if it may be for people who don't know of WMG's copyright crap their trust in the people most likely has been destroyed so this could be a double edged sword effect. Yin&Yang if you will.
