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by mayneack
1989 days ago
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The DOJ certainly seems to think a law was broken. As I see it you charge the most obvious person and let them try to blame someone else. Eventually you either find people you can blame and if you can't go up a level until you reach the CEO. If the CEO goes to prison, other CEOs will care more than this one, if some compliance officer does, the next one won't be as willing to bend to implied pressure from leadership. |
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And they charged the corporation. They also have a consent decree. You can be sure that under the consent decree both the corporation and everyone in it are under a microscope. A consent decree is, among other things, like probation. If they mess up again, the DOJ will drop the hammer.
A lot of people seem to think that punishment makes people care more somehow, but punishment is always a distant possibility at the time of the wrongdoing. People don't generally think they are committing serious wrongdoing, humans are really good at rationalizing our actions, especially when each individual action is a small step.