Big companies are now scandal proof. No amount of negligence or criminality is bad enough to bring one down.
Wells Fargo committed millions of counts of bank fraud, yet they still exist and people buy their services.
BP destroyed a large part of the economy and ecosystem in the Gulf of Mexico, yet they still exist and people buy their products. One of their top lawyers just became Assistant Attorney General for the Department of Justice’s Environment and Natural Resources Division.
VW built millions of cars with hardware designed to fake emissions testing data, yet they still exist and people buy their services.
Crimes are committed by individuals, not companies. If execs at VW break the law, you go after the execs, you don’t put the whole company in jail or turf out all it’s employees on the streets.
I’m not saying there shouldn’t be repercussions, check my comment again, but there’s no point putting the bank tellers out of work because their bosses, bosses, bosses, bosses boss broke the law.
I'd be on board with this position if it was applied consistently. But it's not. Companies take political action, companies take credit for innovation, etc. The whole basis of a company is that it limits the liability of the people who own it.
Wells Fargo committed millions of counts of bank fraud, yet they still exist and people buy their services.
BP destroyed a large part of the economy and ecosystem in the Gulf of Mexico, yet they still exist and people buy their products. One of their top lawyers just became Assistant Attorney General for the Department of Justice’s Environment and Natural Resources Division.
VW built millions of cars with hardware designed to fake emissions testing data, yet they still exist and people buy their services.