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Well, maybe its time to start looking at a corporate death penalty. We kill people who do really bad and are convicted. Take it out of the shareholders. Oh, and
by crankylinuxuser 9y ago
Well, maybe its time to start looking at a corporate death penalty. We kill people who do really bad and are convicted. Take it out of the shareholders. Oh, and yes, also imprison executives who do that. This doesn't have to be an either/or. Do both.
Or, maybe a few million dollar fine, after they got a profit of a few billion. That'll learn 'em!
- ams6110 9y agoAs long as you realise that "taking it out on the shareholders" means your 401K, your parents IRAs, etc.
- TheAdamAndChe 9y agoSeeing how most corporations care more about pleasing shareholders than pleasing the government, workers, or customers, then yes, this kind of behavior needs to negatively impact investors as well. That would powerfully disincentivize profitable behavior that hurts society overall.
- s73ver_ 9y agoThose people benefitted from the illegal goings on as well.
- PJDK 9y agoI've seen people say this often, how do you envision it working? What happens to all the employees, assets, shareholders etc.? If VW is "executed" do you mean all the shares are seized and re-sold or do you mean everyone loses their jobs - discs are wiped, factories demolished etc etc.?