3 ms·
IIRC and IANAL, there is also a strange problem that if criminal charges are brought against companies, there is a lot of fallout, and potential for the company
by abakker 11y ago
IIRC and IANAL, there is also a strange problem that if criminal charges are brought against companies, there is a lot of fallout, and potential for the company to barred from operation.
https://www.justice.gov/sites/default/files/criminal-fraud/legacy/2010/04/11/charging-corps.PDF https://www.justice.gov/sites/default/files/criminal-fraud/l...
Section IX B. seems to be the relevant one there, suggesting that regulators and prosecutors attempt to weigh the fallout that such a charge might have on innocent 3rd parties.
- evanpw 11y agoThat used to be true, but a bunch of banks have now pled guilty to criminal charges, and nothing really happened. [1] http://www.bloombergview.com/articles/2015-05-11/nobody-s-worried-about-too-big-to-jail-any-more http://www.bloombergview.com/articles/2015-05-11/nobody-s-wo...