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Indeed, and it's a fine line between "the cost of doing business" and ruining a large company over the decisions by a few people. Would probably have been bette
by convery 3y ago
Indeed, and it's a fine line between "the cost of doing business" and ruining a large company over the decisions by a few people. Would probably have been better to go after the people at the top than fining the company..
- godzillabrennus 3y agoAmerican justice is about extracting money from a corporate entity not personal accountability.
- tough 3y agoAs long as money flows freely, the show must go on
- ROTMetro 3y agoNo, the concept of having corporations is 100% about this since their creation. If you look into the history of corporations it's kind of the point. Not more 'you and your family will be completely ruined and destroyed' but instead 'you can lose your business' sparked a revolutionary change in business the enabled the modern world and allowed people to undertake huge products that no sane person would take a risk on if they assumed responsibility for.
- anonymouskimmer 3y agoAll of that is financial. Criminal violations are not supposed to be protected by the corporate veil.
- ROTMetro 3y agoAnd if management committed crimes they are punished. I even spent multiple years in the feds with some of those guys.
- filoleg 3y ago> Criminal violations are not supposed to be protected by the corporate veil. And they aren't, at least in the US. Just look at Martin Shkreli actually serving 5 years in prison for securities fraud and personally repaying ~$70mil. P.S. none of this is related to the Daraprim controversy btw. Thought to mention because I have been seeing that misconception quite a bit online.
- scrubs 3y agoCorrect! Now, only if we behaved like that was true.
- deleted 3y ago[deleted]
- CircleSpokes 3y agoExcept people get arrested for sanction busting somewhat frequently..