2 ms·
It’s pretty rare, but it does happen every now and then. Arthur Andersen was convicted of criminal obstruction of justice. Because their entire business model w
by davidmr 9y ago
It’s pretty rare, but it does happen every now and then. Arthur Andersen was convicted of criminal obstruction of justice. Because their entire business model was predicated on being trustworthy, they imploded really quickly. (Ironically the damage was mostly done before their conviction was overturned, but they were still guilty as hell.)
For Uber, since their business model seems to be completely unrelated to their inherent untrustworthiness, it’s unlikely that a criminal conviction would have such dramatic consequences. The FBI doesn’t fuck around with bribing foreign officials though, so it wouldn’t surprise me at all to see someone go to the pokey over that.
You never know, though. That might be enough to get local governments to ban them.
Also some states can apparently sue to have corporations dissolved. https://www.wired.com/story/equifax-deserves-the-corporate-death-penalty/ https://www.wired.com/story/equifax-deserves-the-corporate-d...