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Frankly, this is an illustration why punitive action against senior executives is the best way to prevent corporate malfeasance.

• 93po 4y ago
  I think the best way is to treat corporations like people - they go to prison. Shut down operations for however many years and disallow them from making transactions of any sort during their sentence. Going after executives is just going to lead to scapegoats.
  • isitmadeofglass 4y ago
    > scapegoats When you jail the literal person who committed the crime it’s not a scapegoat, it’s just a criminal. Your suggestion doesn’t treat a company like a person it treats a company like the clothes a person is wearing. Commit a crime? Change your clothes. Company gets shutdown, assets gets sold to “company the sequel” execs are free from any criminal consequences and continue as execs at the new company.
    • 93po 4y ago
      > assets gets sold to “company the sequel” > disallow them from making transactions of any sort also > When you jail the literal person who committed the crime it’s not a scapegoat, it’s just a criminal. you're missing my point. they're gonna pin the "crime" on someone who wasn't a major contributor or decision maker for it. they aren't the real criminal.
      • isitmadeofglass 4y ago
        > who wasn't a major contributor or decision maker for it. Per definition an executive is a major contributor and decision maker.