Laws allowing corporations to get out of restitutions such as this…corporations to be used to bypass limits on campaign contributions…to flaunt environmental regulations…to close without a moments’ notice and lay off all the workers…capitalism at its finest.
They should have paid attention to Gilbert &Sullivan’s last production, “Utopia, Limited”. It is about a kingdom that adopted modern business practices as their government. The economy collapsed when nobody paid their debts, but filed bankruptcy instead. They then went back to the parliamentary system because it was better being a limited monarchy than a monarchy, ltd.
Corporations were invented so as to protect investors from the consequences of corporate acts. This has led, naturally, to the fact that corporations act as though they have no morals. Because they don’t. Even closely held ones.
Madzdad the bard over 4 years ago
Well, both of them seemed to have worked for our president.
rekam Premium Member over 4 years ago
They’re trying to get out of paying their victims.
Coopersdad over 4 years ago
If they are trying to hide their assets, as has been suggested, they need to go to prison for a very long time!!
Kurtass Premium Member over 4 years ago
Moving your billions off shore, such Patriots.
phredturner over 4 years ago
Copying Trump’s business playbook
mourdac Premium Member over 4 years ago
Laws allowing corporations to get out of restitutions such as this…corporations to be used to bypass limits on campaign contributions…to flaunt environmental regulations…to close without a moments’ notice and lay off all the workers…capitalism at its finest.
Zebrastripes over 4 years ago
Offshore accounts will be found…. offshore accounts should be a felony…, of course most big businesses have them….so what does that tell you?
Odon Premium Member over 4 years ago
Guess they were tired of winning.
gammaguy over 4 years ago
“Moral Banktruptcy”
It may not be Chapter 11, but it’s hardly the first chapter.
Hippogriff over 4 years ago
They should have paid attention to Gilbert &Sullivan’s last production, “Utopia, Limited”. It is about a kingdom that adopted modern business practices as their government. The economy collapsed when nobody paid their debts, but filed bankruptcy instead. They then went back to the parliamentary system because it was better being a limited monarchy than a monarchy, ltd.
Honorable Mention In The Banjo Toss Premium Member over 4 years ago
But, hey, the opioid dealers wear expensive suits, have fancy offices, belong to the country club. That means they’re not really criminals, right?
kentmarx36 over 4 years ago
Why not? It works for the RepubliCONS! VOTE 2020.
Concretionist over 4 years ago
Corporations were invented so as to protect investors from the consequences of corporate acts. This has led, naturally, to the fact that corporations act as though they have no morals. Because they don’t. Even closely held ones.
Zebrastripes over 4 years ago
With offshore accounts they WILL pay their victims….