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by shkkmo
1616 days ago
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> In any decently regulated activity, executives would risk jail for that. In the US, executives never go to jail. They negotiate "settlements" where the company doesn't even have to admit wrongdoing and the companies are fined slightly more than they made from the wrong doing. I would love to to see the executives face jail time, both neither major party political party has any interest in changing things. |
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I'll grant that post-9/11 priorities have defunded white collar prosecution, but people go to jail in the US. If you really want a criminal-consequence-free jurisdiction, come to Canada. We really don't send people to jail for corporate fraud. The Vancouver exchange is a free-for-all, and Montréal boiler-rooms are a movie cliche.