Quote:
Originally Posted by redpoint5
Corporations are like people, but have important differences. As I've said, businesses don't make decisions; people do. For this reason, the people who make decisions need to be held legally accountable. This is an area the US is sorely lacking, not just at the top (but especially at the top). The Enron peons who purposely scheduled maintenance at power plants at the detriment of the public and profit of the company should be thrown in jail for a good long time. The excuse that company culture persuaded them to act that way is not sufficient to absolve responsibility to either say no, whistle blow, or find a different job.
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Company culture is a great excuse. It's an excuse for us to ask why, say, Wells Fargo isn't a RICO case.
Corporate fines that pass the punishment on to the shareholders aren't enough discouragement because the executives and directors already got paid and the fines, while costly, aren't costly enough to make illegal acts unprofitable.