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submitted 3 months ago by schizoidman@lemmy.ml to c/worldnews@lemmy.ml
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[-] karlhungus@lemmy.ca 6 points 3 months 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 3 months ago

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

[-] karlhungus@lemmy.ca 2 points 3 months 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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