Basically a synopsis of which companies are under investigation for what appears to be a lot of lying to the public about the state of their companies. There’s also a couple of side stories that are interesting on that page.
One of the ones that wasn’t mentioned in that was IndyMac. They claimed to be on great financial footing a week before they crashed and burned. I thought they were also being investigated for that but I don’t have a reference.
Normally I’m opposed to capital punishment but I think China has it right. Two executives behind the Chinese milk scandal last year have been sentenced for execution, with no chance of appeals. The Chinese don’t have gas chambers, injections, or electrocution, but rather they kneel you down and place a bullet to the back of your head (I’m sure they see if the organs are worth harvesting first though…).
No, we should kill their families and rape them to death with the body parts of their relatives! Yeah, that’s it! I’m normally opposed to rape-killings, but I’ll make an exception for the outrage of the moment because I’m an idiot.
Apparently, they get shot in the head or the heart, depending on which organs are most useful.
Though as a pinko eurocommie I’m generally in favor of lining up business executives against the nearest wall and shooting them, the sad truth is that these alledged crimes are really just minor transgressions in what is a systemic faliure of the economic system. Perhaps it’s an unavoidable downside to a free market
Hit them where it really hurts: in the wallet. Overstate earnings so that you get a crazy bonus? Repay the bonus, 100%, plus fees and interest. And do that for every year in which earnings were overstated.
Yes. No need for violence when you can make them really suffer. Make them poor (or at least upper middle-class). I’d love to see actual serious penalties handed out to these fucknuts.
Just take the companies losses out of their earnings, not proportionally, just literally. If they don’t have any money left over, oh well. They can then apply for welfare and work their way up again. They are supposed to be smart, right? They deserved these paychecks because they were the best. Then it should be a breeze to get back where they were after being penniless.
Don’t forget to liquidate all of their assets and use that cash too. Hand them a bus ticket to Detroit, and cardboard refrigerator box, a shopping cart, and (if you are feeling generous) yesterday’s NYT to line the box with.
Or let’s take them through the judicial process! The process that takes years upon years, soaking up millions in taxpayer dollars, and will almost assuredly depend solely on the ability of the defendant to pay his legal bills! I’m sure people like John Thain are shaking in their boots.
China’s got it right. One 15 cent bullet puts an end to the problem.
Don’t try to carry violent fantasies into real world arguments. China doesn’t have it right, and the law does not exist to inspire fear at your convenience. Go jerk off to a Death Wish movie or something and get it out of your system.
Chinese authorities keep execution numbers a secret, but Western human rights monitors believe it is about 15,000 a year, more than the rest of the world’s judicial executions combined.
The death penalty can apply for serious crimes against the person, armed robbery, drug trafficking, major cases of corruption and political violence.
Many public executions have been held in football stadiums so traditional execution methods are no secret. The condemned criminal is taken by open truck to the execution ground and made to kneel with hands cuffed and head bowed, before being shot in the head. Families who want to reclaim the body are charged for the bullet.
Lizard King is right. Our system does not satisfy the lust for vengeance amongst onlookers as well as other systems, which is an important thing to consider in a justice system, but rather seeks to short circuit it. We are permitted the fantasy, but it is made clear that our society discourages it, as they are not in keeping with our values, but rather our baser natures.
Corporate wrongdoers should be more often prosecuted than they are, and face more penalties than they do, but that is a shortcoming of our system that can be fixed by more often prosecuting corporate wrongdoers as opposed to ramping up the penalties against them. One of the things that makes most white collar criminals face less penalties on conviction than average criminals is their socioeconomic status.
The fact that white collar criminals typically have no prior record of police contact, the nonviolent nature of the offense, and their ability to make payments towards restitution are huge factors in determining their sentences. Furthermore, as one time, nonviolent offenders, they do not seem to pose a significant risk to the community. They have not repeatedly failed in drug or alcohol treatment, and their children have not been taken away by Social Services the last time they were in jail, so they have not demonstrated to the court that the only way to control them is through time in the state or federal prison system.
Anytime you get a first time offender of high socioeconomic status, with significant familial support networks, and people willing to testify as to the offender’s positive impact to the community or a particular charitable interest, who is not guilty of a violent or sexually outrageous offense, they are probably not going to feel the same consequences as the average criminal defendant.
In order to understand why those men do not more regularly go to prison, you need to know how bad you actually have to be in order to get sent to prison. Here is the thing that I understand; I understand that you guys were kidding, and that you do not actually want those people to die. But you are frustrated by what seems to be different access to justice based on the thickness of your wallet, but mainly, you feel that there should be serious and swift consequences for doing such damage to our country and its people.