VERDICT IS 47 MILLION!Paralyzed girl wins case against Ford

Yitzchak

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I think it is a shame that the verdicts are confined to civil law suits and not subject to criminal proceedings. Someone should be going to jail over this rather than just paying money.
When I was an acounting major in college, I remember learning about this common practice among car makers that when they found a defeect they did a cost analysis of what the lawsuits would cost versus the cost of a recall. A calculated risk that sometimes backfires as in this case and costs them more but does not address the criminal aspect of the lives lost or injuries as a result of a cost analysis ont eh part of Ford.
 
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AsburyJuke

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Yitzchak said:
I think it is a shame that the verdicts are confined to civil law suits and not subject to criminal proceedings. Someone should be going to jail over this rather than just paying money.
When I was an acounting major in college, I remember learning about this common practice among car makers that when they found a defeect they did a cost analysis of what the lawsuits would cost versus the cost of a recall. A calculated risk that sometimes backfires as in this case and costs them more but does not address the criminal aspect of the lives lost or injuries as a result of a cost analysis on the part of Ford.

I always assumed they did that, kinda horrifying that it was part of your course!

I've also heard that many car companies and other manufacturers put defects in to make sure the car will need to be replaced within about 10 years. Which is grossly unfair.

Also.. IMO socialism is a total myth, having had family grow up in communist Prague - no thanks !!
 
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Blackguard_

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"To Blackguard: Does Yitzchak statement not reinforce my point?"

Not really, why couldn't there be criminal liability cases in a capitalist system? And in Socialism, how do you expect to successfully bring a lawsuit against a government business?


And I agree with some of the other posters, if someone knowlingly makes dangerously defective products they should be subjected to more than fines.
 
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Blackguard_

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"Black guard: did you read the article?"

Yes, I'm not seeing what you're hinting at.

"He told jurors that Ford knew of design problems with the latch as early as 1993. Ford changed its design on 2001 models but didn't recall the 2000 sedan."

If you're refering to this and how it related to part of Yitzvkak's post, I do not see how Socialism would have prevented this. Humans in goverment are just as corrupt as the ones in business. And I agree that whoever knowlingly let this defect by should be subject to a criminal trial.
 
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Blessed75

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Okay people, I did not mean to start an argument here. I agree, no amount of money in the world is going to un-do the damage that was done to this little girl, however, I do choose to try and look at the positive. At least this money will go to numerous medical bills etc. That I guess was the way that I saw it.
 
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Yitzchak

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Blessed75 said:
Okay people, I did not mean to start an argument here. I agree, no amount of money in the world is going to un-do the damage that was done to this little girl, however, I do choose to try and look at the positive. At least this money will go to numerous medical bills etc. That I guess was the way that I saw it.
No arguement here. I am glad that justice was at least partially served and there was at least some compensation.
 
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