NOOOOOOOO

Jerry Feldman gaf at blu.org
Tue Mar 27 15:03:44 EDT 2007


On Tue, 27 Mar 2007 14:45:34 -0400
Mark Richards <mark.richards at massmicro.com> wrote:

> Jerry Feldman wrote:
> > 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. 
> Yes, thank you.  That's what I meant to say.
> I agree that criminal acts of a corporation will have consequences. 
> That said... how many actually get away with it?
> 
> Note the "lite-brite" episode here in Boston.  The slugs (who should be 
> sanctioned for being dumb) take the criminal consequences for large 
> corporations such as Ted Turner's who were able to quite easily buy 
> their way out.  If the Aqua Teen boys came up with a few million, I 
> betcha they would not be facing jail time, nor the charges that are 
> still being trumped upon them.
We're getting off topic here, but look at Martha Stewart (I grew up
with her stockbroker's assistant's father, Jerry Faneuil :-)
Look at Enron and Worldcom and even Tyco. 

-- 
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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