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Thread: Pepsi slapped with 1.26 billion dollar fine!

  1. 10-29-2009, 04:34 PM #1
    Saul
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    Pepsi slapped with 1.26 billion dollar fine!

    http://finance.yahoo.com/news/Price-....html?x=0&.v=1

    Yowsers!!
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  2. 10-29-2009, 04:39 PM #2
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    rdlsz24
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    I saw that earlier lol. For the concept of bottling water??

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  3. 10-29-2009, 04:57 PM #3
    Saul
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    Quote Originally Posted by rdlsz24 View Post
    I saw that earlier lol. For the concept of bottling water??

    Rob
    Actually no. The lawsuit was about that - but - they actually got fined for not showing up to court!
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  4. 10-29-2009, 05:02 PM #4
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    rdlsz24
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    Ah yes I forgot about that

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  5. 10-29-2009, 05:02 PM #5
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  6. 10-29-2009, 05:19 PM #6
    Saul
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    Quote Originally Posted by Yamada View Post
    Coke taste better!
    X2!
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  7. 10-29-2009, 06:49 PM #7
    Honda_Dude
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    Quote Originally Posted by Yamada View Post
    Coke taste better!

    -1 LOL
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  8. 10-29-2009, 07:12 PM #8
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    Pepsi > All
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  9. 10-29-2009, 07:13 PM #9
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    Man that is unreal. I guess they must have thought it was a joke, until they got a fine for 1.26billion dollars...
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  10. 10-29-2009, 07:15 PM #10
    chris200x
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    Now its gonna cost ya $6 for a 2 litre bottle of pepsi. lol!!! I like beer better anyways
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  11. 10-29-2009, 07:57 PM #11
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    I'm pretty sure I've always learned that there is a maximum fine that a single company can incur....

    Hence the reason companies centered around toxic waste disposal stay in business. Make a million bucks a day, maximum fine of 50k a day.

    My money is that they won't have to pay a dime.

    Pretty damned retarded of the judge, likely he/she wanted publicity.
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  12. 10-30-2009, 09:39 AM #12
    250rAL
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    It's not a fine; it's a default judgement. They didn't show up in court so the other party won the suit.
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  13. 10-30-2009, 09:53 AM #13
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    yeah from what I read, theres no government imposed fine. The people that brought the suit won it on default because Pepsi was a no-show, even though some of its subsidaries (according to the article) were there, that was not enough. Its just like if you dont show up to court to defend yourself of something, you automatically lose.
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  14. 10-30-2009, 10:30 AM #14
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    these law suits are alot of what went wrong in this country. We need to join together and say no that doesn't make sence ...... oh well all great empires fall eventually
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  15. 11-02-2009, 02:29 AM #15
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    ^^^^ your right about that.were going in the crapper anyways
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