3 ms·

Until the penalties actually hurt, there's zero incentive to stop

• rvnx 1y ago
  Make management penally responsible like in make other cases, and the largest investors/employees who benefited from the scheme through dividends or stock attribution and then suddenly it will get resolved. They don’t care about civil cases since they are already rich and even if the company dies tomorrow they are going to be fine
  • andrepd 1y ago
    This is the thing. There needs to be personal responsability, not just some diffuse (and weak-ass) fine. As it stands the literal worst thing that can happen is the CEO gets fired with a multimillion dollar severance. Is this a joke? Just look at 2008. I'm convinced many things started to go downhill hard when the worst global financial meltdown since the 1930s went down with not one single person going to jail.
    • rvnx 1y ago
      Only the big fishes. Small retail investors and small home owners could not pay their loan anymore, got evicted and some eventually got jailed.
      • lurk2 1y ago
        > some eventually got jailed. Who are you referring to?
• dude250711 1y ago
  More like "not to even start", as I am sure they are just factoring in possible fines upfront.