4 ms·
Maybe not dissolution, but surely: 1. Such a big fine that their stock goes broke 2. Arresting the execs who took high salaries but did not take their jobs se
by NTDF9 9y ago
Maybe not dissolution, but surely:
1. Such a big fine that their stock goes broke
2. Arresting the execs who took high salaries but did not take their jobs seriously enough
- AdamJacobMuller 9y agoI'm not sure about arresting, but, clawing back huge amounts of the money (particularly any bonuses/options/stock but perhaps not salary). And, as far as fines, I think just providing a very simple path whereby they are deemed responsible for losses resulting from the breach is enough. Me having to personally sue them and personally prove their responsibility in a court is a very high bar. A class action is a much lower bar, but, will result in me getting significantly diminished compensation. Some process in-between that where their guilt is established beforehand and I merely need to prove what my damages are and I can collect, say, treble damages from Equifax would fix the Equifax problem in a more egalitarian way.