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Article #64226

Re: Evil Empires

#64226
From: Alan Walford
Date: Fri, 01 May 1992 15:11
25 lines
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kenb@ee.ubc.ca (ken buckland) writes:

> Your points caused me to think about one big problem of corporations.
> When they break the law, there is no one who is made to feel the pain of
> punishment.  Fines are as meaningless to them as they are to rich men, and
> nobody can be incarcerated.
> 
> Ken Buckland
> kenb@ee.ubc.ca
> 

That is not a true now.  More and more the law is changing such that the
directors of companies are legally responsible for the actions of the
company.  In some cases, directors have been fined and even jailed for
illegal acts of the corporation they direct.  Directors do not like this
change but it is a good one because it means some person is accountable
for the "face-less" corporation.

On the other hand, a very big corporation can also hire the best and most
expensive legal help required to try to help the directors get off.

Al
----------------------------------------------------------------------------
Alan Walford     Eos Systems Inc., Vancouver,B.C., Canada  Tel: 604-734-8655
aew@eosvcr.wimsey.bc.ca  OR  ...uunet!van-bc!eosvcr!aew  
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References: <1992Apr30.235441.15749@ee.ubc.ca>

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Subject: Re: Evil Empires
From: aew@eosvcr.wimsey.bc.ca (Alan Walford)
Distribution: world
Message-ID: <mDP4JB1w162w@eosvcr.wimsey.bc.ca>
References: <1992Apr30.235441.15749@ee.ubc.ca>
Date: Fri, 01 May 92 08:11:21 PDT
Organization: Eos Systems Inc, Vancouver, B.C., Canada
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