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Why? Like, from the practical standpoint I understand why we need procedures that are robust to individual evil actors. But, from a moral standpoint, if you pro
by jessriedel 2y ago
Why? Like, from the practical standpoint I understand why we need procedures that are robust to individual evil actors. But, from a moral standpoint, if you prove unambiguous fraud by a very brilliant person who has been entrusted with incredible resources and freedom by the public, why shouldn’t that person go to jail?
Civil engineers understand the seriousness of their job, and medical researchers should too. (And of course, many do understand, and very few commit unambiguous fraud.)
- SV_BubbleTime 2y agoAgree but… What if it isn’t a person you can point to, but rather a company? And what if you can’t jail a company, but you can fine them. And what if the fine ends up just being the “cost of doing business” to the company? Which company received the largest criminal fine ever handed out? Hint, it’s a pharmaceutical company.
- graemep 2y agoA company is made up of people. A fraud like this (i.e. actually involving falsifying data) would have to be done by an individual or a group of individuals. They can be jailed. if there are aspects of it (e.g. inadequate procedures and checks that fall short of criminal by any identifiable people) then you need fines that are too large to be just a cost of doing business.
- SV_BubbleTime 2y agoPfizer was the answer, 2 billion.