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Corporations continue to get away with theft

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palf
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re: Corporations continue to get away with theft
palf   4/25/2013 6:14:02 PM
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"Corporations as people" has been in the news of late - I forget the name of the bill. Taken literally, this considerably strengthens the case you make.

KurtShuler
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re: Corporations continue to get away with theft
KurtShuler   4/25/2013 6:24:58 PM
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The only way to hold large groups of people accountable is to hold their leaders accountable. I learned this as a 17 year old cadet at the US Air Force Academy. If you want to avoid the problems of moral hazard and lack of personal accountability in our economic system, then you should hold the owners (i.e. board members) and managers (i.e. CEOs) of companies accountable for crimes committed under their watch. Having a CEO write a book about his 5 years in the general population at Folsom will be a heck of a deterrent when people are tempted to lie in accounting statements, steal data or trade secrets, etc.

The profit
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re: Corporations continue to get away with theft
The profit   4/26/2013 8:05:51 PM
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Life isn't fair and the legal system is a leading example. I'm sure the Google TOS list their corporate liability explicitly although I'm sure the vast majority never actually read it and you almost have to be a lawyer to understand it. Those are the rules we live under, if you want to comit a really big crime, incorporate.

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