[zpr]

I'm familiar with the case, that's why I mentioned it. My point was that although they lost the civil suit, there weren't any criminal proceedings against C-levels. I understand the argument of negligence being as guilty as malicious intent but it creates a sweeping blanket that's hardly fair or enforceable.

I agree with your principles in theory but it's just impractical.

[toomuchtodo]

The Department of Justice was able to dismantle Arther Anderson after their fraudulent audits of Enron. Lots of things that are impractical are possible with sufficient effort. And the government has unlimited resources for those efforts.

You must hold systemic negligence and corruption accountable, or it perpetuates the cycle.

[kasey_junk]

A) The DOJ had been looking at Anderson for years prior to Enron due to irregularities with other major firms like Waste Management Inc. Enron was not an isolated incident.

B) They were prosecuted for the very specific crime of obstruction of justice after they were caught destroying evidence. It wasn't some backlash against a nebulous problem.

C) Their conviction was overturned!

I'm not sure you could have picked a worse example for arguing your point.