NOOOOOOOO

Jerry Feldman gaf at blu.org
Tue Mar 27 14:21:35 EDT 2007


On Tue, 27 Mar 2007 14:09:29 -0400
Mark Richards <mark.richards at massmicro.com> wrote:

> Officers and agents of corporations in the US are generally protected 
> from any personal liability. 
This is not true. Officers (eg. vice presidents, president, CEO etc)
are liable and are not protected from the crimes their company may
commit. They are shielded from any personal financial liability. On the
other hand, non-officer employees are somewhat shielded in that they do
not have the authority and officer does. This is exactly why banks have
many VPs. My first job out of graduate school was in a bank. After my
first year I would have almost automatically become an assistant
cashier (lowest officer), and 6 months later an assistant VP. I chose
to go into IT instead. 
-- 
Jerry Feldman <gaf at blu.org>
Boston Linux and Unix user group
http://www.blu.org PGP key id:C5061EA9
PGP Key fingerprint:053C 73EC 3AC1 5C44 3E14 9245 FB00 3ED5 C506 1EA9


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