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Where are these CEO convictions then? If there's this "risk"? And please don't cite deliberate fraudsters like Holmes or SBF. And what conviction length do tho
by mattmanser 1y ago
Where are these CEO convictions then? If there's this "risk"? And please don't cite deliberate fraudsters like Holmes or SBF.
And what conviction length do those tiny few who get convicted of aomething actually get?
- dvt 1y ago> Where are these CEO convictions then? Not sure if this is rhetorical, but there are Wiki entries, investigative articles, documentaries, and even entire books dedicated to corporate malpractice and its consequences over the past century.
- cycomanic 1y agoBut now you are talking about malpractice. I would argue a regular employee is just much exposed to legal risk. I would argue that their risk is actually higher, because they don't have a full office of corporate lawyers to defend them. Take the VW Diesel scandal, several engineers went to jail over this. In contrast Winterkorn has been charged, but AFAIK the case has been suspended and I'm not sure if it will ever go forward.