Re:Boeing's Crashes Expose Systemic Failings
by jfnixon on Saturday August 31, 2019 @01:14AM
(#20844719)
I'd recommend using monetary penalties, including clawbacks, for motivational purposes. I suspect jail isn't quite the same level of deterrent as money for people who value those extra 0s on their net worth. Civil litigation is easier to win, too.
Re:Boeing's Crashes Expose Systemic Failings
by magduf on Tuesday September 03, 2019 @10:43AM
(#20866942)
I would kinda like to see them get bullets in their heads. That's what China does to corporate executives convicted of corruption.
These people make tens or hundreds of millions of dollars in compensation, truly obscene amounts of money compared to the workers they manage. Why should they live risk-free lives when the lives of so many people rest on their decisions in the C-suite office, and their decisions are clearly not made with safety in mind, but rather profit?
Because the usual argument is that the C-suite and especially the CEO are personally responsible for the successes of a company.
So it's not unreasonable to hold them personally responsible for the failures too - especially when those failures amount to suspected criminal negligence.
This is not the same as assuming guilt. Due process should still apply.
But the risk of personal liability should absolutely be present as a deterrent.
And if some executives don't want to operate in that environment - that's absolutely fine. The system should encourage responsible actors, and allow the removal and punishment of those who prefer to act irresponsibly.