Linked by Thom Holwerda on Wed 23rd Mar 2011 22:16 UTC
Legal "Does $75 trillion even exist? The thirteen record companies that are suing file-sharing company Lime Wire for copyright infringement certainly thought so. When they won a summary judgment ruling last May they demanded damages that could reach this mind-boggling amount, which is more than five times the national debt. Manhattan federal district court judge Kimba Wood, however, saw things differently. She labeled the record companies' damages request 'absurd' and contrary to copyright laws in a 14-page opinion." Wait, this is only five time the US national debt? Fascinating.
Permalink for comment 467588
To read all comments associated with this story, please click here.
National debt?
by re_re on Wed 23rd Mar 2011 23:20 UTC
re_re
Member since:
2005-07-06

I don't believe $75 trillion does exist world wide...... however if it did, and limewire had it...... the US government should impose a 50% lawsuit tax on the music industry and pay off the national debt lol.

Reply Score: 8