[Henchman21]

Excellent reply thank you!

So why then does it seem that corporations do in fact shield executives from criminal charges? Is this just collusion among the well-off? Money buys verdicts?

I’m happy to take your word on limited liability as IANAL (obviously) but it sure as hell seems like executives ought to go to jail a LOT more than they do. Corporations do terrible things in the world and are seemingly never held to account.

Finally, looking to my own education, can you suggest a place to read up on this topic so I am not flatly wrong in the future? Thx in advance :)

[underlipton]

Laymen here: my guess would be that the financial and social resources corporate representatives have access to (both personally and through the entity that has a vested interest in them not going to jail) make the prospect of prosecuting them for criminal misconduct unappetizing. It would be a lot of time and money to send people with a lot of powerful friends to jail for a handful of years, at best. As a prosecutor, what's better for your career: that, or spending significantly fewer resources putting street-level criminals in prison for 5, 10, 20 years?

The issues at hand seem distinct but related.

[Gormo]

Before trying to explain why you think business executives aren't being prosecuted for criminal conduct, can you first point to a reliable source of data that indicates that this is actually happening, and isn't just a myth reinforced by online echo chambers?

Anecdotally, most of the large corporate scandals that involved actual criminal conduct that I'm aware of did result in prosecutions and, often, convictions of the culpable parties. For example, Jeffrey Skilling, Bernie Madoff, and Elizabeth Holmes all went to jail.

[underlipton]

2008 happened.

You could also just look for examples of officials trying to explain why they won't bring charges against banking officials.

https://financialservices.house.gov/news/documentsingle.aspx...

https://www.propublica.org/article/why-havent-bankers-been-p...

https://www.npr.org/2011/07/13/137789065/why-prosecutors-don...

I should state that this reply is mostly for other people reading our comment thread, as I can think of no adult American who would present your argument in good faith.

[Gormo]

> So why then does it seem that corporations do in fact shield executives from criminal charges? Is this just collusion among the well-off? Money buys verdicts?

Misinformation, propaganda, urban legends, etc.

> but it sure as hell seems like executives ought to go to jail a LOT more than they do.

Based on what? Which executives are you talking about, and what crimes do you suspect them of?

> Corporations do terrible things in the world and are seemingly never held to account.

Again, what "terrible things" are you talking about, and what level of accountability do you see lacking in the way existing police forces, regulatory agencies, and the courts respond to their behavior?

> Finally, looking to my own education, can you suggest a place to read up on this topic so I am not flatly wrong in the future?

I'd start with any basic intro-level textbook on business law.

Before you start, given the extent to which your previous comments indicate you're relying on how things feel or seem to you, I'd recommend considering the extent to which you are reading your own assumptions and emotional attachments into your perceptions of the outside world, and the extent to which you're relying on echo chambers and biased sources of information to validate your theories and assumptions.