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major marco
Res Firma Mitescere Nescit
Premium
join:2003-02-13
Stepford, CA

Negligible

Even if the Death Star were ever forced to payout, they could easily handle the financial ramifications of such a hypothetical settlement. $146k per claimant is chump change. They'd still easily have billions leftover. In fact, if they ever even had to defend against such a suit in court (which they never will) they'd most likely spend a hell of a lot more on legal counsel.


fAcEtIOUs
Premium
join:2002-03-03
kudos:4

said by major marco:

Even if the Death Star were ever forced to payout, they could easily handle the financial ramifications of such a hypothetical settlement. $146k per claimant is chump change. They'd still easily have billions leftover. In fact, if they ever even had to defend against such a suit in court (which they never will) they'd most likely spend a hell of a lot more on legal counsel.
Maybe you should go back to math camp.

40,000,000 AT&T customers * $146,000 =approx
$5.8 trillion dollars. DUH!! I don't think they can pay that.
--
My BLOG .. .. Internet News .. .. My Web Page

backness

join:2005-07-08
K2P OW2

So, for the record, do you support AT&T and VZ doing such massive monetary damage to the American People?



Karl Bode
News Guy
join:2000-03-02
kudos:30

reply to fAcEtIOUs
As of the BellSouth merger they had 70 million landline customers...I assume they've lost a few million off of that total, but I'm not sure it's 30 million?

Still, yeah, with 70 million x $140,000 = $10 trillion?



pnh102
Reptiles Are Cuddly And Pretty
Premium
join:2002-05-02
Mount Airy, MD

reply to fAcEtIOUs

said by fAcEtIOUs:

Maybe you should go back to math camp.
This one time, at math camp...
--
This isn't fair! I was only supposed to hate just ONE presidential candidate!

openbox9

join:2004-01-26
Alexandria, VA
kudos:2

reply to backness
What massive monetary damage to the American people?


backness

join:2005-07-08
K2P OW2

2 edits

5.8 trillion in damages and it looks like the figure could be 10 trillion...

edit: speelin and mixed my billions with trillions


SilverSurfer1

join:2007-08-19

1 edit

reply to fAcEtIOUs

said by fAcEtIOUs:

Maybe you should go back to math camp.

40,000,000 AT&T customers * $146,000 =approx
$5.8 trillion dollars. DUH!! I don't think they can pay that.
Before you jump on someone else pretending you know everything, perhaps you should go to law school - $146k is at best a very generous, above all, educated guess based on what the blogger at Legality believes a jury would award. If At&t were ever forced to settle, rest assured, the amount would be significantly less.

openbox9

join:2004-01-26
Alexandria, VA
kudos:2

reply to backness
That damage would be to AT&T, not the American people...unless you're assuming AT&T will be found liable and the govt will bail them out at the expense of the American people's tax dollars.



DrewCapu
Giant Diehard

join:2001-12-19
California

reply to pnh102
Protractor?
Compass?
Yardstick?


backness

join:2005-07-08
K2P OW2

reply to openbox9
uh... the damages are in compensation for the violation of FISA law.

My implication was that, since TK is a strong supporter of civil damages (i.e. RIAA), he should have no moral bias towards the imposition of these types of fines towards a business entity which clearly violated the law and as such should be held accountable (as we have heard ad nauseum)

Thanks for taking all the fun out of it



Count Zero
MD2Be
Premium
join:2007-01-18
Warner Robins, GA

reply to DrewCapu

Platinum Iridium Meter standard bar

openbox9

join:2004-01-26
Alexandria, VA
kudos:2

reply to backness
Umm, ok. Sorry to ruin your fun I guess


amigo_boy

join:2005-07-22
Reviews:
·magicjack.com

reply to backness

said by backness:

a business entity which clearly violated the law
What do we do about 18 U.S.C. 2511(2)(a)(ii)(B) which grants immunity merely if the AG certifies that a warrant isn't necessary? Or, U.S.C. 2702(a)(3) & (c) was amended in 2006 to reduce "reasonable belief" of "imminent danger" to merely "good faith belief" of "danger" (not imminent)?

Mark


81399672
Premium
join:2006-05-17
Los Angeles, CA
kudos:2

reply to fAcEtIOUs

said by fAcEtIOUs:

said by major marco:

Even if the Death Star were ever forced to payout, they could easily handle the financial ramifications of such a hypothetical settlement. $146k per claimant is chump change. They'd still easily have billions leftover. In fact, if they ever even had to defend against such a suit in court (which they never will) they'd most likely spend a hell of a lot more on legal counsel.
Maybe you should go back to math camp.

40,000,000 AT&T customers * $146,000 =approx
$5.8 trillion dollars. DUH!! I don't think they can pay that.
Sure they can. They can sell off all of their asset etc...i am sure that will bring 5.8 trilian when everything is said and done.


fAcEtIOUs
Premium
join:2002-03-03
kudos:4

1 edit

said by 81399672:

Sure they can. They can sell off all of their asset etc...i am sure that will bring 5.8 trilian when everything is said and done.
SORRY Charlie!!
»finance.yahoo.com/q/bs?s=T
Their total assets come to approx $268 billion
But subtract what they owe $157 billion
And that leaves a net worth of $111 billion

Nowhere near $5.8 trillion
--
My BLOG .. .. Internet News .. .. My Web Page


81399672
Premium
join:2006-05-17
Los Angeles, CA
kudos:2

said by fAcEtIOUs:

said by 81399672:

Sure they can. They can sell off all of their asset etc...i am sure that will bring 5.8 trilian when everything is said and done.
SORRY Charlie!!
»finance.yahoo.com/q/bs?s=T
Their total assets come to approx $268 billion
But subtract what they owe $157 billion
And that leaves a net worth of $111 billion

Nowhere near $5.8 trillion
So they can pay 111 billion, that is good enough.


Karl Bode
News Guy
join:2000-03-02
kudos:30

We can charge them a privacy recovery fee and sign them up to a long term contract that lets them pay off the rest.


ross

join:2000-08-16

reply to amigo_boy

said by amigo_boy:

said by backness:

a business entity which clearly violated the law
What do we do about 18 U.S.C. 2511(2)(a)(ii)(B) which grants immunity merely if the AG certifies that a warrant isn't necessary? Or, U.S.C. 2702(a)(3) & (c) was amended in 2006 to reduce "reasonable belief" of "imminent danger" to merely "good faith belief" of "danger" (not imminent)?

Mark
Maybe Robespierre had the right idea...


bear73
Metnav... Fly The Unfriendly Skies
Premium
join:2001-06-09
Grand Forks Afb, ND

reply to amigo_boy
Repeal Patriot Act and similar fear-monger laws?


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