2 ms·

Settling for almost twice their net annual income (and similarly large lawsuits against Dupont's subsidiaries) does not strike me as the government not touching

Settling for almost twice their net annual income (and similarly large lawsuits against Dupont's subsidiaries) does not strike me as the government not touching them. This is certainly a better result than the Purdue opioid lawsuit where the Sackler family received immunity and in exchange for a $6B settlement.

r00fus 3y ago
The real damage is going to be so much more to the US and world populace. 3M (along with Dupont) should get the corporate death penalty and their boards/C-levels should never be allowed to work or advise in industry again. That's the bare minimum we should set. China/USSR had a more severe consequence for officers of the company that isn't likely feasible here in the US but is probably the real deterrent to this behavior in future criminal endeavors.
- NickC25 3y ago
  >That's the bare minimum we should set. China/USSR had a more severe consequence for officers of the company that isn't likely feasible here in the US but is probably the real deterrent to this behavior in future criminal endeavors. Completely agree. In China, it's pretty straightforward - you become the nail that sticks out. If you fuck with the population at large and make people sick, or you rob them blind, etc... it doesn't matter if you have or you haven't given The Party their cut of the action - your C-Suite will all disappear. A few will be lucky enough to be re-educated. Whereas in America if you beat the regulators or catch them sleeping on the job, you'll have one side of the political aisle cheering you on no matter how many people you kill.
WalterBright 3y ago
> This is certainly a better result than the Purdue opioid lawsuit where the Sackler family received immunity and in exchange for a $6B settlement. Nothing of note was accomplished. People just switched to fentanyl.

2 ms·

Settling for almost twice their net annual income (and similarly large lawsuits against Dupont's subsidiaries) does not strike me as the government not touching

by techwizrd 3y ago

r00fus 3y ago
The real damage is going to be so much more to the US and world populace. 3M (along with Dupont) should get the corporate death penalty and their boards/C-levels should never be allowed to work or advise in industry again. That's the bare minimum we should set. China/USSR had a more severe consequence for officers of the company that isn't likely feasible here in the US but is probably the real deterrent to this behavior in future criminal endeavors.
- NickC25 3y ago
  >That's the bare minimum we should set. China/USSR had a more severe consequence for officers of the company that isn't likely feasible here in the US but is probably the real deterrent to this behavior in future criminal endeavors. Completely agree. In China, it's pretty straightforward - you become the nail that sticks out. If you fuck with the population at large and make people sick, or you rob them blind, etc... it doesn't matter if you have or you haven't given The Party their cut of the action - your C-Suite will all disappear. A few will be lucky enough to be re-educated. Whereas in America if you beat the regulators or catch them sleeping on the job, you'll have one side of the political aisle cheering you on no matter how many people you kill.
WalterBright 3y ago
> This is certainly a better result than the Purdue opioid lawsuit where the Sackler family received immunity and in exchange for a $6B settlement. Nothing of note was accomplished. People just switched to fentanyl.