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https://newrepublic.com/article/144144/give-wells-fargo-corporate-death-penalty https://newrepublic.com/article/144144/give-wells-fargo-corp... Our government

• arca_vorago 9y ago
  I've been arguing the gov use that threat for a while now, nice to see I'm not the only one. I got the idea reading about the British and Dutch east India companies, as the charter was the sword of Damocles the gov had over the companies.
• anigbrowl 9y ago
  I said that at an earlier stage when far fewer fake accounts had been reported and it was considered too extreme a remedy. Oddly, many people who take a get-tough approach to law and order matters have a wholly different set of standards when it comes to punishing corporations.
• icelancer 9y ago
  >>it can take it away Ever since the "collapse" of the over-leveraged and irresponsible firms relying on subprime mortgages and BS credit swaps to boost their stock prices, the government is scared to death to allow anything like that to happen again. It would take far more than silly accounting fraud to do that, unfortunately.