[1101010010]

Simply put: limited liability, lobbying (political donations) and general ignorance of the subject matter by a majority of the population.

[olliej]

Limited liability only protects the "owners", not the employees, including the board.

So while piercing the LLC veil seems unreasonably hard, putting every individual involved in jail seems not unreasonable.

[1101010010]

Yet reality defies your "reasonable" expectations.