3 ms·
> since it'd run afoul of many basic guaranteed rights Such as the guaranteed right to be paid as CEO while not being responsible? As I understand OP there wo
by pgeorgi 7y ago
> since it'd run afoul of many basic guaranteed rights
Such as the guaranteed right to be paid as CEO while not being responsible?
As I understand OP there would still be a right to be heard, rule of law, court proceedings and everything. The only thing that shouldn't work anymore is claiming to be too stupid for the job the moment it becomes inconvenient to act out the responsibility that they're paid for so handsomely.
- howard941 7y agoThis defense even has a name: "Good heart, empty head". See for ex https://www.pepperlaw.com/publications/why-a-pure-heart-and-empty-head-arent-enough-the-good-faith-defense-in-ponzi-scheme-litigation-2010-07-01/ https://www.pepperlaw.com/publications/why-a-pure-heart-and-...