back to article Google stashes $500m for fines

Google has set aside $500m to settle the investigation into its advertising practices by US regulators. The Department of Justice is examining allegations that Google's advertising practices are anti-competitve. The Chocolate Factory made 97 per cent of its revenue from advertising in the first three months of 2011. The filing …

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Guilty conscience?

It's very interesting that a company that goes out of it's way with "We do no evil" is putting money aside for fines.

That to me would infer a company that is not just sailing close to the wind, but is knowingly practicing illegal activities to see how far they can push it.

Which is an awful long way from "we do no evil".

Maybe Google should consider a new mantra, albeit not as catchy:

"We do no evil, unless we can get away with it, or maybe lobby for some new laws to absolve ourselves and our mantra."

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Standard accounting practice

There is ongoing litigation, there is a possibility that a fine will result, therefore they have to reflect this in their accounts.

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FAIL

Illegal = Evil

Really?

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Illega=evil?

Not always. Google = evil? More often than not, it seems lately...

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fkers

Dont fine google, they will only crank the magic handle and make us pay more for adwords.

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