If corporations make more money from the infraction than the fine, they will always choose the infraction.
Regulations and regulators need to make fines an actual deterrent.
If corporations make more money from the infraction than the fine, they will always choose the infraction.
Regulations and regulators need to make fines an actual deterrent.
@Em0nM4stodonEm
Capital punishment for corporations. Dissolve their charter, liquidate all assets.
Pay back in this order - customers, non-executive employees, other creditors, shareholders, executive employees. When the money runs out, it runs out.
The investors who talk so much about taking on risk should be the ones taking losses and executives shouldn't get anything at all from failure.
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