SHOULD CORPORATE CRIME BE A CAPITAL OFFENSE?

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crime : crime :

SHOULD CORPORATE CRIME BE A CAPITAL OFFENSE?


[+] ballot by Cathexis
created Wed Sep 15, 04

China has *executed* four bank executives, as punishment for fraud. When you think about the ruined lives at Enron or the excessive hedonism of $6,000 shower curtains and parties in Sardinia ... a murderer can kill one to a few people and ruin several lives. But a Corporate Criminal can ruin thousands of lives or more!

Does China have the right idea? How should we punish Corporate Criminals in a manner that befits the crime?

Keep the current slap-on-the-wrist system
Execution should be an option
Corporal punishment should be an option (caning?)
Massive financial penalties (multiple of all gains? Confiscation of personal property?)
Imprisonment, up to life


Ballot #51149 : SEE RESULTS

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COMMENTS:
I would propose combining some of your excellent options: caning, confiscation of all property, and life imprisonment.
by mojo on Wed Sep 15, 04 12:49pm [+]

I think they should put fraud on a $ scale, anything over 100K 25 years in jail and loss of all property(up to the amount owed to investors (if there is any left)
by ABC on Wed Sep 15, 04 1:08pm [+]

They should be forced to pay for as much of the damage as they can afford even if it means take everything they own. Then they should be forced into work camps.
by MrTroche on Wed Sep 15, 04 1:10pm [+]

Oh yeah, thumbs up to China on that one.
by MrTroche on Wed Sep 15, 04 1:10pm [+]

This question is interesting. I'm going to venture a guess that the anti-death penalty crowd will for some reason vote yes on this one.
by lowerclassbrats on Wed Sep 15, 04 1:43pm [+]

lcb: And the pro-death penalty camp will be against. ;-)
by Cathexis on Wed Sep 15, 04 1:56pm [+]

One difference, I suspect, is that after the initial rush of righteous indignation, I for one, would say ... hmmm, lcb makes a good point ... that *would* be inconsistent.

Better settle for caning, confiscation, and life imprisonment. ;-)
by Cathexis on Wed Sep 15, 04 1:58pm [+]

Damn, your right. arrrrgh
by lowerclassbrats on Wed Sep 15, 04 2:04pm [+]

Ooooh! Can I get Kenneth Lay's Bentley?
by Stewie on Wed Sep 15, 04 2:12pm [+]

Based on the decisions rendered by the American justice system I can only conclude that corporate crime is encouraged. In other words, *If you're not cheating, you're not trying. The only crime is getting caught.* Pretty funny considering the ramifications of corporate crime are far greater than violent crimes against persons. I suspect we dismiss corporate crime mainly because it's hard to personally feel the pain. When it comes to crimes of violence we seem much more able to put ourselves in the victim's place. That's just speculation. Anyway, the criminal justice system believes that many corporate criminals have something to offer society. Their crime is one of using their intelligence in the wrong direction. Compare that to a meth addict that just torched his wife because he thought she was Satan. I wouldn't be too upset if after the corporate criminals stay in a federal prision he or she decided to move to my neighborhood. On the other hand, I wouldn't feel too comfortable with Mr. wife torching meth-head living next to me. Hell, he probably needs executing.
by elvislennon on Wed Sep 15, 04 7:43pm [+]






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