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I'm not sure those are instances of executives being held to account for harm to the public as much as they're instances of people being punished for stealing m
by i_am_jl 2y ago
I'm not sure those are instances of executives being held to account for harm to the public as much as they're instances of people being punished for stealing money from the wealthy.
- bawolff 2y agoWeren't some of madoff's victims pension funds? I'd call that harm to public.
- i_am_jl 2y agoI think they all harmed the public. My point is that it seems that the only circumstances that lead to corporate decision makers being held to account for wrongdoing is if someone can link their wrongdoing to a financial fraud.
- gruez 2y ago>much as they're instances of people being punished for stealing money from the wealthy. Don't most instances of corporate malfeasance result in "stealing money from the wealthy"? If you do a bad, try to cover it up, and then try to raise money from investors, that's basically stealing money from them.
- i_am_jl 2y agoPlenty of corporate malfeasance ends after the "do a bad" or the "cover it up" steps.