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The problem of punishing corporations, is that the people that benefited from misconduct are possibly gone from the company already, and you might be punishing
by surgical_fire 3y ago
The problem of punishing corporations, is that the people that benefited from misconduct are possibly gone from the company already, and you might be punishing current employees who might even be unaware.
The people responsible for the misconduct at the time need to face criminal prosecution, and their personal wealth has to be first on the line for damage reparations.
- Waterluvian 3y agoIt’s not about punishment. That’s the core of my comment. Make it so horrible for the shareholders and owners.
- orclev 3y agoCan do both. Destroy the company, but also go after those responsible. Anyone who knew about the situation but didn't make their supervisor(s) aware is personally liable for damages. Anyone on the board or C-Suite that was aware and either did nothing or didn't notify regulators is also personally liable. In both cases if anyone died as a result the companies actions they should be tried for manslaughter.