RE CARNIVAL FINES..this looks like a more complete story

If the good Judge follows the market at all she should REALLY be PO'd today...that BILLION $$ guess of yours is what it just may take to get the streets attention...not to mention their "rights" to dock and cruise in certain otherwise restricted waters...closed at 53.57..UP 1.10...I was actually laffin at the hubris of it all....

Looks to me like everyone of Carnival brand's executives should be sweating a little more here. Judge Seitz could take this up to over a billion very easily. That I bet will take the starch out of Micky Arison's cocksure demeanor. Not only that, the HAL and Princess grandfather rights allowing for the majority of sailings in Glacier Bay National Park could be reduced or suspended by the National Park Service as a result of these court actions.

I see that Stein Kruse is also on the docket. Kruse is CEO of the Holland America Group (HAL, Princess, Seabourn, P&O Australia and the combined tour holdings and hotels of HAL and Princess in Alaska). Besides heading up this group he is also on numerous boards of other enterprises. I have an acquaintance that has been in board meetings, non-cruise line, when Kruse is there, all full of himself he says, "the epitome of arrogance".

“The people at the top are treating this as a gnat,” Seitz said. “If I could, I would give all the members of the executive committee a visit to the detention center for a couple of days. It’s amazing how that helps people come to focus on reality.”

"Carnival Corp.'s revenue for the twelve months ending February 28, 2019 was $19,322,000,000 (billion). After a Federal Judge in Miami reprimanded it yesterday for its ongoing pollution and falsification of records, its stock over the past 5 days is unchanged at $52 a share. Judge Seitz was right when she called the last fine against CCL of $40,000,000 for pollution and obstruction of justice (in December 2016) to be a "drop in the bucket".

"The Court ordered the parties to confer and file, by April 22, 2019, agreed dates to appear at a “Revocation Hearing” (to be held by June 24, 2019) at which time the Court will decide whether Carnival violated the terms of its probation and how it should be further punished. The Court suggested that Carnival’s chairman, Micky Arison, and president, Donald Arnold, as well as Holland America executives Stein Kruse, Keith Taylor and retired Rear Admiral Joseph Servidio and Carnival Cruise Line president Christine Duffy attend the June hearing."

“This company is very successful,” said Seitz, calling the 2017 $40 million settlement — the largest in history — a drop in the bucket. “It prides itself on providing superb customer service. Well it is also a citizen of the world, it makes its money using the waterways and it has a responsibility to be a role model. Right now it is a criminal defendant and this is not the first time nor is it the second time.”

"We are the largest cruise company with a global market share of 46% and are among the most profitable and financially strong leisure travel companies in the world with a market capitalization of $32 billion at January 22, 2014. We operate 101 cruise ships within a portfolio of ten leading cruise brands that sell cruise products and services in all the world’s major vacation markets.”----Brands include AIDA, Carnival Cruise Lines, Costa, Cunard, Holland America, Princess Cruises, P&O Cruises Australia, P&O Cruises UK, and Seabourn.

Unfortunately, the headline isn't accurate either, since they CAN'T be jailed, (as anyone who knows what a Corporation is really about understands, ..it severs personal liability) and the Judge regretted not being able to do it. Its clear from reading the "unredacted " version, that CARNIVAL, along with its assorted subsidiaries, went out of its way to thumb its nose at those anti-dumping laws...and you can't even blame the Captains, since it appears that the scheme was concocted by the pooh bahs in mahogany row, and it even had a name and a procedure to follow. They'll get no sympathy from me, not even a little bit. She can demand they show up to explain themselves...sort of like the drug co execs who show up at the dog n pony shows so they can be skewered...nothing changes there, but this is Federal Judge...their powers are...amazing...and methinks she is po'd...really po'd, for her to make statements prior to the hearing on the 22nd.

If you think nothing will come of this, I can't think of a worse person to offend, besides a sitting Federal Judge..well, actually I can, but we won't go there...