[linkregister]

This is a conventional view of culpability of corporate officers. It is, however, not the least bit aspirational or innovative. People demanding that CEOs be put in prison are for the most part misunderstanding the legal system, but they are also looking clear-eyed at a system that rewards extra-judicial risk-taking by corporate officers. The fines that come with negligence are typically undersized compared to the deterrent effect that the public expects. (The public also remains unaware at the enormous auditing burden that comes with fines from government agencies).

The solution for corporations and officers to avoid legal consequences is to have standard compliance programs in effect. Failing to account for the inevitable misdeeds of agents is similar to the teacher who leaves his classroom for hours and is surprised to see his students engaged in misconduct.

[StillBored]

Yes, reporting the misdeeds of contractors has been part of every companie's yearly legal training i've worked for in the past couple decades. The fact that those reports apparently weren't acted upon means that the upper mgmt is responsible.

Of course the whole thing puts companies in a bad place, the law itself is highly problematic. That is why whole thing just sounds like the usual US government trying to get its cut.