The $2.3 Billion Ethics Scandal That Changed Everything at Facebook

Facebook just paid $2.3 billion in fines for ethics violations, and most people missed the real story. Emma Reid breaks down how this scandal revealed the hidden economics of "ethical business" and why companies actually budget for breaking the rules.

🎯 What You'll Learn:

• The shocking math behind Facebook's decision to pay fines rather than change practices

• How "ethics budgets" work at major corporations and why yours might use them too

• The real cost of the Cambridge Analytica scandal (spoiler: it wasn't just the fine)

• Why some companies find it cheaper to apologize than ask permission

👤 Perfect for: lifelong learners and anyone who wants to understand how corporate ethics really work in practice, not just on paper.

📍 Chapters:

[00:00] Emma Reid reveals the $2.3 billion ethics math

[02:15] How Facebook calculated the cost of breaking rules

[04:30] The Cambridge Analytica scandal's hidden economics

[06:45] Why your bank might have an "oops fund" too