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ah, yes, the latest on my company 401K
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Harry
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First recorded activity by BoatBanter: Jun 2010
Posts: 884
ah, yes, the latest on my company 401K
On 7/24/10 3:52 PM,
wrote:
On Sat, 24 Jul 2010 13:33:53 -0500, Richard Casady
wrote:
On Sat, 24 Jul 2010 11:26:51 -0400,
wrote:
There are some BP middle managers who should go to jail over this. I
am not really sure how they will get prosecuted tho, since this
happened in international waters.
The prescedent is piracy. It is not that nobody has jurisdiction,
everyone does.
Casady
I doubt you could fit negligent homicide into the international piracy
statutes. We are having enough trouble charging real pirates off the
coast of Somalia.
I suppose the only recourse is in civil court but that will only
punish the BP stock holders and make a bunch of lawyers rich. The
execs who killed those people probably won't even get fired.
One of the problems with corporations is that our legal system pretty
much gives them a free ride on liability, with limited fines. Criminal
penalties are difficult to prosecute against corporate officers and high
level staff. Some at BP should be prosecuted criminally and if convicted
face long, long terms in federal slams, and the corporation itself
should be fined billions and billions of dollars for the lives that were
lost, the lives that have been ruined, and the damage to the environment.
Perhaps if shareholders behaved a little differently, they'd push the
companies they own to behave better. Perhaps sending BP down the toilet
would teach shareholders a lesson...
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