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DURHAM D

(32,611 posts)
Tue Sep 3, 2019, 11:29 PM Sep 2019

Senator says Facebook's Mark Zuckerberg should face 'possibility of a prison term'

Last edited Wed Sep 4, 2019, 12:24 AM - Edit history (1)

“Mark Zuckerberg has repeatedly lied to the American people about privacy,” Senator Wyden said in the interview. “I think he ought to be held personally accountable, which is everything from financial fines to — and let me underline this — the possibility of a prison term. Because he hurt a lot of people. And, by the way, there is a precedent for this: In financial services, if the CEO and the executives lie about the financials, they can be held personally accountable.”


In July, the U.S. Federal Trade Commission fined Facebook $5 billion, the largest ever imposed by the FTC against a tech company, after it started probing the company’s privacy practices in March 2018. The FTC focused on a massive data breach that gave Cambridge Analytics access to private data from 87 million Facebook users. Facebook, the FTC said, was supposed to tell users when their data was being used by third party firms.

The SEC also announced that Facebook will pay a $100 million fine for misleading investors about the risks it faced from the misuse of user data. “For more than two years, Facebook’s public disclosures presented the risk of misuse of user data as merely hypothetical when Facebook knew that a third-party developer had actually misused Facebook user data,” the SEC said in July.



https://www.cnbc.com/2019/09/03/senator-wyden-prison-for-facebook-ceo-zuckerberg-should-be-considered.html
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uriel1972

(4,261 posts)
1. Who knows where this might lead...
Tue Sep 3, 2019, 11:38 PM
Sep 2019

if we prosecute the CEO's of wrongdoing companies it would be the end of capitalism...

 

Laura PourMeADrink

(42,770 posts)
4. +1 - You go Wyden ! Facebook, and it's focus on the uninformed - allowing, profiting, and
Tue Sep 3, 2019, 11:55 PM
Sep 2019

promoting the manipulation of their minds IS a crime.

emmaverybo

(8,144 posts)
5. I will say this for Zuckerberg. He saved a hospital in San Francisco that was tops in the nation
Wed Sep 4, 2019, 12:02 AM
Sep 2019

in trauma care and which now continues to serve a large population of the poor. He also bought
up an entire SF neighborhood, paying the house owners outright, but allowing them to live out their lives in their homes. Just a few philanthropic projects he has engaged.

I know. He has multi-billions.

May he continue to spend it on his many just causes all over the world. He can pay a hefty fine, doing far more good than behind bars.



rpannier

(24,333 posts)
7. Until you start sending some of these guys to jail the bad behavior won't change
Wed Sep 4, 2019, 12:37 AM
Sep 2019

It's why people like Zuckerberg lie like they do and their companies engage in criminal behaviors. The larger banks went back to the same practices because there was no accountability for their criminal behavior.
I'm with Wyden on this.

yaesu

(8,020 posts)
8. One of the Koch brothers did the same when he got cancer & found out there wasn't
Wed Sep 4, 2019, 01:00 AM
Sep 2019

a lot of options available so he built a Hospital specializing in that type of care (and regular hospital care), pumped a bunch of money into research. The guy on MSNBC that comes on after Maddow was cared for at that hospital & praised it quite a bit. Even pricks like the Koch's do good, all be it, accidentally.

emmaverybo

(8,144 posts)
9. I don't see how Zuckerberg is anything like Koch. Not in his capacity as a humanitarian. Not
Wed Sep 4, 2019, 01:07 AM
Sep 2019

unless he and his wife are liars about their views.

yaesu

(8,020 posts)
10. I just don't respect anyone who accumulates that much wealth, the uber rich are just selfish mo fo's
Wed Sep 4, 2019, 01:33 AM
Sep 2019

in my book. I don't care how much money they throw at the peasants, who needs to be worth billions, a billion or even millions.

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