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Ok, the comment was a bit extreme and the reality is surely a bit more like a multiple of shade of gray. But what the other comment mention is on the right tra
by touristtam 11y ago
Ok, the comment was a bit extreme and the reality is surely a bit more like a multiple of shade of gray.
But what the other comment mention is on the right track as members of a corporation can easily rip the benefice produced by it, but can as easily distance themselves from it, should it find itself in financial or legal troubles. Of course one can argue that owners and decision makers from that particular entity can be sued individually. And that's fine as well.
And before anyone mention, that investor should have some kind of protection, may I kindly remind you that there should be a balance: the Greek bailout (and the other big bailout from the last few years) is anything but a way from private entities to off load onto the public some mistakes they have made. I don't know of a single instance of a family that has had their debt wipe out during the same period.
I guess there is a critical size to acquire for any social actor to be able to leverage the government and the law makers into protecting them from catastrophic outcome.