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Nye Bevan

(25,406 posts)

6. If a senior executive commits a crime, why should thousands of innocent people be fired?

Reply to Kip Humphrey (Original post)

Mon Mar 7, 2016, 10:44 PM

Mar 2016

Send the executive to prison, for life if necessary, but don't throw the innocent employees out of a job and don't penalize the innocent shareholders.

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I'm all in for a corporate death penalty such that a convicted corporation's assets are seized & [View all] Kip Humphrey Mar 2016 OP

This should happen to Verizon! scscholar Mar 2016 #1

If corporations are people then it makes perfect sense. GoneFishin Mar 2016 #2

You don't mean literal death, right? metroins Mar 2016 #3

Right. Management needs to stay alive for all those stockholders' civil suits. Kip Humphrey Mar 2016 #8

I am signed on then metroins Mar 2016 #9

The assets actually belong to the shareholders as they are the "owners" Press Virginia Mar 2016 #4

I'm thinking the stock value goes to zero. Perhaps the charter is rescinded and working assets are Kip Humphrey Mar 2016 #10

So what happens to the stockholders? ohnoyoudidnt Mar 2016 #5

I'm not advocating either way. R. P. McMurphy Mar 2016 #12

The solution sounds a bit extreme. ohnoyoudidnt Mar 2016 #14

More importantly, what happens to the employees? WillowTree Mar 2016 #15

Right ohnoyoudidnt Mar 2016 #16

If a senior executive commits a crime, why should thousands of innocent people be fired? Nye Bevan Mar 2016 #6

Corporations have not always have an unlimited existence. I don't know anything about this site GoneFishin Mar 2016 #7

This is just silly, No. greytdemocrat Mar 2016 #11

What crime(s) would qualify for such a drastic outcome? n/t True Earthling Mar 2016 #13