G_Poobah
join:2004-01-17
Schenectady, NY
| reply to Shamayim
Re: throwaway Soloway
Laws don't apply to corporations in this country. Even if the 'corporation' is convicted of a crime, there's no loss of liberty associated with the crime, so why should they care about the law? Corporations can't be jailed, can't get the death penalty, can't loose liberties, but they are given almost all the rights of a citizen. That's the root cause of the problem with corporations in this country.
Corporations should have NO rights relative to an individual. Executives and shareholders and employees of corporations should suffer punishments worse than citizens if they are convicted of any crime. The loss of money is NOT EQUAL to the loss of liberty. That's a problem.
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Grand Poobah |
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footballdude
Premium
join:2002-08-13
Imperial, MO
| said by G_Poobah  :Laws don't apply to corporations in this country. Even if the 'corporation' is convicted of a crime, there's no loss of liberty associated with the crime, so why should they care about the law? Corporations can't be jailed, can't get the death penalty, can't loose liberties, but they are given almost all the rights of a citizen. That's the root cause of the problem with corporations in this country. Apparently you haven't read the Sarbaines-Oxley act of '03 (or maybe it was '02). Corporate misdeeds now equal jailtime for CEO. |
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JSRoman
Premium
join:2005-03-10
Callahan, FL
1 edit | reply to G_Poobah
Ever hear of Arthur Anderson? You should ask those folks if laws applies to them. Loss of Liberty? Ask Dennis Kozloski,Mark Swartz or Ebbers how they like that liberty from jail cell they are in. Ken Lay next up for a 6 x 8 cell.
Try getting a corporate conviction in China. |
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WyoNative
join:2005-01-31
Enfield, CT | What jail cell?? Though sentenced, AFAIK, they are appealing their convictions and it's anyones guess when/if they will ever see a jail cell... |
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nixen
Rockin' the Boxen
Premium
join:2002-10-04
Alexandria, VA
 ·Cox HSI
 ·Speakeasy
| reply to G_Poobah
said by G_Poobah :Corporations should have NO rights relative to an individual. Executives and shareholders and employees of corporations should suffer punishments worse than citizens if they are convicted of any crime. The loss of money is NOT EQUAL to the loss of liberty. That's a problem. Wow. That's enlightened.
So, if your parents' 401(k) holds stock in such a criminal company, your parents should go to jail? After all, they're shareholders. Shareholders should go to jail because they allowed themselves to get ripped off?
Some line worker in Wyoming should go to jail because their whoring, coking, embezzling CEO drove the company into the ground?
Interesting world-view.
-tom
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"Some people have morals, standards and ideals about quality, but I'm an American: I couldn't care less." --Tony Pierce (paraphrased) |
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oOPayback
@shawcable.net | Don't be a twit, he obviously means voting-stock shareholders. Ones who have a say in the company rather than just being along for the ride. |
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