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Why no jail for the top managers at Boeing ?
by rvnx 7y ago
Why no jail for the top managers at Boeing ?
- einpoklum 7y agoIn (corporate) Capitalism, high-level decision makers are mostly immune from criminal responsibility. The financiers and insurance people who pushed untenable mortgages and then peddled them through securitization and credit-default swaps - thus triggering the 2008 economic crisis - none of them were ever prosecuted criminally, for _anything_. The head of Union Carbide (part of Dow Chemical) whose factory in Bhopal essentially exploded in 1984, killing 16,000 and disabling 40,000 - avoided extradition and lived out his life in Florida. And those are just a couple of examples. So - why would the Boeing management be held responsible for anything? That's naive to expect. You'd need to have a very deep change in US society for something like that to happen.
- PedroBatista 7y agoAt that level more than half of a manager’s day is spent covering their asses. Also they are so removed from any sort of smoking gun it’s very difficult to even successfully charge them on anything.