It’s an incredibly bad chart mostly for the x-axis being so horrible in scale that March, when a lot of fines were handed out, had to be repeated twice.
What we are seeing are specific fines that were handed out. Like the Apple $2B fine is from the EU for antitrust law violation that was handed to them in March. The $89M fine was handed out by the US Consumer Financial Protection Bureau (CFPB) in October over the whole Apple Card thing and how bank disputes weren’t being handled and how Goldman Sachs who backed the card wasn’t keeping all of the required compliance information (which I’m shocked at how quickly everyone forgot about it).
I digress.
Yeah, this chart is incredibly bad at indicating this information and by breaking out by violation over time really takes away from the point that ought to be expressed.
It’s an incredibly bad chart mostly for the x-axis being so horrible in scale that March, when a lot of fines were handed out, had to be repeated twice.
What we are seeing are specific fines that were handed out. Like the Apple $2B fine is from the EU for antitrust law violation that was handed to them in March. The $89M fine was handed out by the US Consumer Financial Protection Bureau (CFPB) in October over the whole Apple Card thing and how bank disputes weren’t being handled and how Goldman Sachs who backed the card wasn’t keeping all of the required compliance information (which I’m shocked at how quickly everyone forgot about it).
I digress.
Yeah, this chart is incredibly bad at indicating this information and by breaking out by violation over time really takes away from the point that ought to be expressed.
Yup, the x axis might as well not exist
A date on each bubble might have been better