Leaked audio reveals US rail workers were told to skip inspections

Re:Leaked audio reveals US rail workers were told to skip in... by somenameforme on Friday March 03, 2023 @03:55PM (#35014870)

There's always plausible deniability so that if anybody does take the fall it's probably going to be some mid level suit that was 'just following orders.' I'd rather that liability starts with the CEO and Chairman. You need to make sure executives cannot simply hide behind fallguys.

You then create a top-down incentive for these people to genuinely make sure everything is on the up and up. The biggest problem is that this probably creates a strict cap on how large a single corporation can grow, which sounds much more like a feature than a bug.

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Re:Leaked audio reveals US rail workers were told to skip in... by Eddy_Viscosity2 on Friday March 03, 2023 @05:07PM (#35015705)

This is all well and good to say, but impossible to implement within our current system. That's what's so depressing about it. And by 'impossible' I grant its theoretically possible, just not in practical terms. Of course the other side of the coin is that even if it was implemented, then prosecutors, and hence government, would now have this new power over CEOs and it wouldn't be long before some corrupt politician got in office and used it corruptly.

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Re:Leaked audio reveals US rail workers were told to skip in... by eunoia on Friday March 03, 2023 @05:28PM (#35015898)

Sarbanes-Oxley would seem to imply that it’s possible to enact new laws that enforce consequences for fraud among top level executives?

In theory at least I guess. Maybe someone else can comment on how it actually works in practice.

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Re:Leaked audio reveals US rail workers were told to skip in... by Eddy_Viscosity2 on Saturday March 04, 2023 @08:19AM (#35020577)

Its not enough for the laws to exist, they must also be enforced.

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Re:Leaked audio reveals US rail workers were told to skip in... by gruez on Friday March 03, 2023 @05:56PM (#35016156)

>I'd rather that liability starts with the CEO and Chairman. You need to make sure executives cannot simply hide behind fallguys.

Why can't you appoint a fall guy as the "CEO", and then have a COO or whatever that actually runs the day to day?

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Re:Leaked audio reveals US rail workers were told to skip in... by somenameforme on Friday March 03, 2023 @11:36PM (#35018217)

Even c-levels, including the CEO, can be fired by the board, which is why I think accountability should include such.

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Re:Leaked audio reveals US rail workers were told to skip in... by gruez on Friday March 03, 2023 @11:51PM (#35018298)

Okay, then you have a whole c-suite of fall guys, and the real CEO is actually called "VP of global operations" or whatever.

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