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Extortion does work! Gibson Guitars has struck a deal with the federal government to avoid prosecution for the use of banned wood.
The company will pay a $300,000 fine under a criminal enforcement agreement that defers prosecution for criminal violations of the Lacey Act. Another $50,000 fine will go to the National Fish and Wildlife Foundation “to be used to promote the conservation, identification and propagation of protected tree species used in the musical instrument industry and the forests where those species are found.”
Notice the political payoff to an outside environmental group. How nice. I wish my cause could get funding this way, by having the U.S. government threaten companies I don’t like and force them to give me money.