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by roenxi
838 days ago
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I'm against bailouts. And criminal prosecutions of decision makers isn't as much skin in the game as it is making it risky to be responsible. It is just asking for lower-quality people to move in to high ranking posts and for confusing corporate structures to emerge. It is better to impose large financial penalties on the company then let the markets sort out the details. I don't even mind the CEO suffering large penalties, but he and Boeing need to negotiate that before the event and put it in his contract, not after the fact. |
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