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> If we can do it for compliance officers, why not for CEOs? CEOs are hired to be the public face of the company. The board who hires the CEO doesn't want the
by whitemary 3y ago
> If we can do it for compliance officers, why not for CEOs?
CEOs are hired to be the public face of the company. The board who hires the CEO doesn't want the face of their company being a criminal, and in the U.S. corporate boards overwhelmingly dictate the law books. That's how capitalism works.
- kaycey2022 3y agoSo once a CEO is held liable for a bank collapse, then they can never be a CEO again because they would also be a criminal. It's perfect. What is wrong with that?
- csomar 3y agoYou are ceo for life in corporate America. Kidding aside, your mistake is assuming that the system works. It does, but not in your favor.
- soperj 3y ago> That's how capitalism works I don't think that's capitalism, I think that's corruption, which may be a big part of this implementation of capitalism, but I feel like it is separate.
- kevviiinn 3y agoCapitalism is defined by exploitation and corruption
- FrontierPsych 3y agowhat system isn't?
- kevviiinn 3y agoSocialism?
- whitemary 3y agoIt's not