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submitted 1 year ago by schizoidman@lemmy.ml to c/worldnews@lemmy.ml
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[-] karlhungus@lemmy.ca 6 points 1 year ago

This shit happens all the time. Look at car settlements, it starts at the top. I'm not against a whistle blower framework at all, but it seems like executives get all the pay and none of the culpability (see headline).

[-] hglman@lemmy.ml 2 points 1 year ago

It's literally the point of a corporation, to shield owners from responsibility.

[-] karlhungus@lemmy.ca 2 points 1 year ago

Point of a corporation is to make money. Point of a "limited liability company" is to prevent losses on the company side from financially damaging the owners. LLC's do not (and should not) protect owners from criminal acts.

this post was submitted on 02 Jun 2024
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