Did she just draw the number out of her hat? it seems to me that the number must be be based on some sort of calculation.
For example, I suffered a relatively minor injury due to a company’s negligence. Their insurance agent wanted me to come up with a dollar figure to settle the matter. So, I did a little research and found it is customary to pay the actual expenses, plus a multiple of the amount (1 to 5x, depending on pain, inconvenience, etc.
So say my actual out-of-pocket, after insurance, was $1380, including gas and mileage, and I asked for 1x that since the pain was pretty mild, and made a demand for $2760. (The insurance guy was relieved I was so reasonable.)
So….that’s how I arrived at my demand of $2760. How did James come up with $350 million for a civil violation in which nobody was hurt, and nobody was even a victim? I’m curious.
For example, I suffered a relatively minor injury due to a company’s negligence. Their insurance agent wanted me to come up with a dollar figure to settle the matter. So, I did a little research and found it is customary to pay the actual expenses, plus a multiple of the amount (1 to 5x, depending on pain, inconvenience, etc.
So say my actual out-of-pocket, after insurance, was $1380, including gas and mileage, and I asked for 1x that since the pain was pretty mild, and made a demand for $2760. (The insurance guy was relieved I was so reasonable.)
So….that’s how I arrived at my demand of $2760. How did James come up with $350 million for a civil violation in which nobody was hurt, and nobody was even a victim? I’m curious.