If you really want legal and ethical reform in corporate governance, make the shareholders accountable for corporate malfeasance. Force any monetary penalties to come from dividends, not from price increases. It wouldn't take more than one accounting quarter for every company to clean house of the bozos who think they can get away with fraud. Turn enforcement over to the IRS and have them add the penalties to the tax due.
On Wed, Oct 12, 2011 at 3:29 AM, Dana <[email protected]> wrote: > > no. And it need not be permanent, either. A single day's suspension > woud send a message in many cases, I think. > > Or, to suggest another means: Board of Directors. People would take > due diligence a *whole* lot more seriously. > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:343434 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
