Thousands of children and adults were automatically terminated from Medicaid and disability benefits programs by a computer system that was supposed to make applying for and receiving health coverage easier.
I wish the law got rewritten for companies so that it’s more of revenue + assets of the top level execs personally + the company as well. I know it isn’t going to happen, but I could dream.
Honestly executives and board members who receive performance bonuses and golden parachutes should carry extra liability, such that these perks can be denied or even clawed back (and used to help the damages) when their decisions have these sort of outcomes. Nothing wrong with making more when things go well, but if you’re going to take a larger piece of the pie, then you need to be prepared to take a smaller piece when things go wrong (aka, cut executive pay before layoffs, etc.).
I’ve always said that I won’t believe corporations are people until the state of Texas executes one, and the state of Alabama forces one to go through with an unviable business venture.
I wish the law got rewritten for companies so that it’s more of revenue + assets of the top level execs personally + the company as well. I know it isn’t going to happen, but I could dream.
Honestly executives and board members who receive performance bonuses and golden parachutes should carry extra liability, such that these perks can be denied or even clawed back (and used to help the damages) when their decisions have these sort of outcomes. Nothing wrong with making more when things go well, but if you’re going to take a larger piece of the pie, then you need to be prepared to take a smaller piece when things go wrong (aka, cut executive pay before layoffs, etc.).
If a company commits a large crime they should be shut down or nationalized. People can get the death penalty so companies should too
I’ve always said that I won’t believe corporations are people until the state of Texas executes one, and the state of Alabama forces one to go through with an unviable business venture.
That would mean that rich people would be punished for something.
I can dream
We all can dream the true dream