2 ms·
When a business "goes to jail" it simply ceases to exist. Enron, Theranos, etc.
by umvi 7y ago
When a business "goes to jail" it simply ceases to exist. Enron, Theranos, etc.
- phkahler 7y agoThose went bankrupt. They didnt go out of business as punishment for wrong doing.
- pathseeker 7y agoFines so large that they lead to bankruptcy is how the death penalty works for businesses.
- eli 7y agoI think the opposite is more common: the government steps in to save a company that would otherwise be forced out of business due to the harm they caused others. See for example tobacco and asbestos companies. And did Enron really die if all their assets were sold to competitors and continue to operate?