this post was submitted on 02 Jun 2024
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[–] karlhungus@lemmy.ca 6 points 5 months ago (1 children)

This shit happens all the time. Look at car settlements, it starts at the top. I'm not against a whistle blower framework at all, but it seems like executives get all the pay and none of the culpability (see headline).

[–] hglman@lemmy.ml 2 points 5 months ago (1 children)

It's literally the point of a corporation, to shield owners from responsibility.

[–] karlhungus@lemmy.ca 2 points 5 months ago

Point of a corporation is to make money. Point of a "limited liability company" is to prevent losses on the company side from financially damaging the owners. LLC's do not (and should not) protect owners from criminal acts.