Because with large companies, blame and accountability gets spread thin over a wide area till it evaporates, so everyone gets away with it.
Ultimately the CEO is responsible. To me it doesn't even matter if the CEO knows about it or not, if not the company has poor governance which is the CEOs full responsibility. Wirecard CEO has been arrested since 2020, will probably sit for another 10 years.
That is extremely wreckless. The board is unquestionably the most responsible party.
Ultimately the CEO is responsible. To me it doesn't even matter if the CEO knows about it or not, if not the company has poor governance which is the CEOs full responsibility. Wirecard CEO has been arrested since 2020, will probably sit for another 10 years.
I believe "knew or should have known" is the legal statement. Ignorance (either deliberate or accidental) doesn't get you off the hook.
Rhodesia solution is magnificient in this case.
Sending A Letter To The PM | Yes Minister | BBC Comedy Greats
> You see USA? This is how it's done. You mean like Oliver Schmidt, the VW exec that the USA sentenced to 7 years in federal prison all the way back in 2017 for his part in this scandal? Who was then sent back to Germany in the middle of his sentence and pretty much immediately released on parole by German authorities? But sure, USA bad or whatever.
The question is, whether VW as a German company is now going to end up being beaten by US competitors which could do even more nasty stuff unpunished.
It has been some years since VW had to give up cheating on emission tests. Were they beaten by US competitors during this time? I have not read any news about it.
They have kind of abandoned diesel engines, which the whole scandal was based around. It became clear that it would be impossible to create diesel engines which would comply with enviromental standards, which is a shame since they are more efficient and it is consumers who are losing out. They are still one of the main automotive conglomerations today. If anything American car companies are losing the market in Europe, Ford for example have abandoned their best selling model - the Focus, and in the UK at least they are the only US brand besides for Tesla.
Ultimately the CEO is responsible. To me it doesn't even matter if the CEO knows about it or not, if not the company has poor governance which is the CEOs full responsibility. Wirecard CEO has been arrested since 2020, will probably sit for another 10 years.
I believe "knew or should have known" is the legal statement. Ignorance (either deliberate or accidental) doesn't get you off the hook.
But negligence is fundamentally different from mens rea. Fine to punish both but I am not a fan of justice intentionally ignoring context.
What did Zuckerberg do? Maybe he did do something, but hearing "Boo Fuckerberg!" over and over again doesn't imply he's guilty of anything. It's similar to hearing "it's the Jooos" a bajillion effing times and then believing it without asking for any substance.
Zuckerberg profits by replacing normal human social interaction with ad-infested parasitic addictive pseudo-socialization that drives a sobering % of the population to worse mental states
What did Zuckerberg do? Maybe he did do something, but hearing "Boo Fuckerberg!" over and over again doesn't imply he's guilty of anything. It's similar to hearing "it's the Jooos" a bajillion effing times and then believing it without asking for any substance.
Zuckerberg profits by replacing normal human social interaction with ad-infested parasitic addictive pseudo-socialization that drives a sobering % of the population to worse mental states
If being a greedy parasocial sociopathic addiction designer put you in prison, every single FAANG executive would be jailed without trial and the American economy would collapse within 24 hours.
Suffice to say, we hold the bar for criminality a bit higher than that.
> You see USA? This is how it's done. You mean like Oliver Schmidt, the VW exec that the USA sentenced to 7 years in federal prison all the way back in 2017 for his part in this scandal? Who was then sent back to Germany in the middle of his sentence and pretty much immediately released on parole by German authorities? But sure, USA bad or whatever.
You mean an engineer and from a non-US company?
No I mean an executive (he was running VW’s emissions office in Michigan for 5 years at the time he was arrested and was living in the US), and from the same company and scandal this post is about, convicted by the US 7 years before these recent German convictions.
It’s information that is directly relevant the comment I replied to that’s implying that Germany/EU are doing something that the US isn’t based on this specific case.
No I mean an executive (he was running VW’s emissions office in Michigan for 5 years at the time he was arrested and was living in the US), and from the same company and scandal this post is about, convicted by the US 7 years before these recent German convictions. It’s information that is directly relevant the comment I replied to that’s implying that Germany/EU are doing something that the US isn’t based on this sp…
Right, but the US isn't afraid of suing executives and companies from countries it sees as competitors.