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A comment on DOJ fines Boeing over $2.5B, charges it with fraud conspiracy. Parent comment

Re:DOJ fines Boeing over $2.5B, charges it with fraud conspi... by heymijo on Thursday January 07, 2021 @08:07PM (#25680051)
The CEO for starters.

Post-Enron accounting rules via Sarbanes-Oxley made it so that the CEO had to sign off on and certify the financial statements. The buck stopped there. [0]

Why not here as well?

Unless you are thinking about putting the system that incentivizes a CEO and company to do this on trial.

[0] https://www.sec.gov/news/press-release/2014-152

[ Parent | on HN ]
Re:DOJ fines Boeing over $2.5B, charges it with fraud conspi... by spaetzleesser on Thursday January 07, 2021 @11:24PM (#25681495)
Top management definitely should lose their high salaries in such a case. The worst that seems to happen to them is to have to resign and get a huge severance package. That's not punishment.
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