4 ms·
Corporate death penalty.
by scroogeydop 6y ago
Corporate death penalty.
- hanniabu 6y agoNot sure why this is downvoted as it brings up an interesting position. Why can't there be violations so severe that they force the corporation to be dissolved?
- arrosenberg 6y agoIt happens, just less often than is probably healthy. https://www.nytimes.com/2020/08/06/us/ny-nra-lawsuit-letitia-james.html https://www.nytimes.com/2020/08/06/us/ny-nra-lawsuit-letitia... https://en.wikipedia.org/wiki/Arthur_Andersen https://en.wikipedia.org/wiki/Arthur_Andersen
- jacquesm 6y agoI wished that was meted out as a punishment much more often than it is done today. It is a very powerful message to send: these execs are not bankable because they caused all of their shareholders to lose money.