Deterring white-collar crime is critical, but the author of ‘The Smartest Guys in the Room’ wonders whether locking up Enron executives worked. - ThreadSky

bloomberg.com • 16 days ago

Deterring white-collar crime is critical, but the author of ‘The Smartest Guys in the Room’ wonders whether locking up Enron executives worked.

Comments

radomile.bsky.social•16 days ago

Bloomberg bb, all criminals need to be locked up, no matter their wealth. Nice fluff piece tho.

1q-moon-fan.bsky.social•16 days ago

White collar criminals will never experience enough pain in prison to deter them. The only pain is loss of status and wealth. Force them to live on minimum wage for the duration of their sentence.

supernovalabs.co.uk•16 days ago

Put them in jail ffs

project2029.bsky.social•16 days ago

No we actually all agree they need to be in prison put it out for public referendum and you’ll see 75% pro imprisonment for these criminals

jfxryan.bsky.social•16 days ago

Public Hanging would have worked MUCH better!

ronchaurde.bsky.social•16 days ago

However much money they stole, you charge them as if they murdered (that number / average lifetime earnings of an American) citizens

wayincognito.bsky.social•16 days ago

If it didn't work, they didn't spend enough time incarcerated. No, I didn't read the article. The premise is offensive to the extent of physical illness.

eric-fleming-lax.bsky.social•16 days ago

The issue is why nobody was locked up after 2008 's disaster

jcinmd.bsky.social•16 days ago

The American way to deal with white collar/color crime is usually a slap on the wrist

lauraloop.bsky.social•16 days ago

Or elect it as the government

shadowwordpain.bsky.social•16 days ago

eyez-1953.bsky.social•16 days ago

In some countries, the thieves' hands are severed to deter them. Perhaps removing their ability to see or hear might stop them.

kieranhannon.bsky.social•16 days ago

DOGE are criminals

big0s.bsky.social•16 days ago

The legal obligation to deliver shareholder returns overshadows any ethical delima along the way. "Let the lawyers figure that stuff out,"

IF found guilty of crime, Corp. Executives move all their $ into insurance policies, which are exempt from litigation.

Guilty, fined, but still filthy rich.

woojikuji.bsky.social•16 days ago

They should be treated as any thief, or common criminal from off the street. They are no better.

norton2.bsky.social•16 days ago

the reason nobody agrees on how to deal with white collar crime is that you keep asking the people in White collars.
Why does the guy who stole $20M get less time than the guy who robbed a gas station to feed himself ?
I'm guessing nobody asks hungry people about sentencing guidelines.

Comments

Posting Rules

Reply