How To Punish Corporate Fraudsters
Posted 10/23/15
By Eric R. Havian
Edward Thurlow, an English lord chancellor in the 18th century, reputedly said that it’s difficult to punish a corporation because there is “no soul to be damned, and no body to be kicked.” But there is, in fact, a way to punish corporations for their misdeeds: Bar their officers from government work. So why don’t we? . . . The best way to make sure the rank-and-file are turning...