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They did fail to identify the problem .... But if there's any anger from screwed employees, it should be directed at the criminals who did the bullshit crime i

They did fail to identify the problem .... But if there's any anger from screwed employees, it should be directed at the criminals who did the bullshit crime instead of the detectives who failed to identify the crime sooner, no?

AndrewKemendo 11y ago
In this case there is a fiduciary duty from the investors (detectives in your metaphor) to make sure that the company is free from these kinds of things. So while they aren't to blame - they aren't really off the hook either - it's more of a sin of omission. And yes, in many cases when detectives or investigators in law enforcement are lazy with their work and miss something obvious, they often pay for it with their jobs.
- proksoup 11y ago
  I guess I don't see how this was so obvious.
- aetherson 11y ago
  Investors do not have a fiduciary duty to the employees. Members of the board of directors (which all investors presumably are not) have a fiduciary duty to the stockholders (which many employees presumably are not).
  - spinlock 11y ago
    VCs have a fiduciary duty to _their_ investors.
    - aetherson 11y ago
      Do they? Serious question. I mean, I assume someone involved in the VC firm has a fiduciary duty to its investors, but it's not like an employee typically has a fiduciary duty to his firm's investors.
hashkb 11y ago
There will be enough anger for everyone.
- proksoup 11y ago
  That's pretty crazy to me.