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CEO's love spouting that they have all the responsibility, so chuck them in jail for 50 years. They do so much more damage to the society than even murderers, it's time for some fucking accountability.


Same for the top shareholders. I get in trouble if my dog bites somebody, it should be no different for a corporation.


Why stop there? It should be ALL shareholders face imprisonment. That will make you think twice about diversifying your stock portfolio!


If I own 0.001% of a company which has to do 100 years of jailtime, it doesn't make sense to pay the overhead costs of jailing me for eight hours. Maybe I should do community service related to the harms my company caused or something like that instead.


It wasn’t obvious in retrospect, but I was being completely sarcastic. Anyone holding a managed retirement account or a mutual fund could be held liable.


Maybe there could be provisions where the fund manager goes to jail instead in that case.


My inflation adjusted $0.02 -

Maybe limit culpability to SEC Form 3 filers - easier to prove sufficient leverage and potential motive if not for criminal matters, then at least civil matters.


That risk would justify their salaries, somewhat.




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