Back

ABA Journal

Home

White Collar Crime

Should wrongdoer CEOs get higher sentences based on stock drops? Guidelines could be revised

Jun 21, 2013, 06:30 am CDT

Comments

These sociopaths are perfect examples of Justice Holmes’ “bad man”. The calculus for them needs to be clear: engage in fraud at the risk of ending up in a shit-smeared cell for life.

Actually, it would probably be best if they were first required to assist with the mind-boggling volume of paperwork involved with cleaning up their messes.

By Hedgehog on 2013 06 21, 10:49 am CDT

The idea that Wall Street promotes that CEO’s are so valuable that they should get exorbitant compensation, yet not be held accountable when the company they lead engages in fraud, is just crazy. If you want the pay, you take the responsibility that comes with it, and the consequences if you fail to keep those under you honest.

I’m still waiting for someone to go to jail over the 2007-08 financial mess, which the GAO says cost the economy $23T. Yet we panic over “terrorism” when some teenager posts some stupid rant on Facebook.

By Tyrone on 2013 06 21, 3:19 pm CDT

Add a Comment

We welcome your comments, but please adhere to our comment policy.

Commenting has expired on this post.