nice consequence based solution. That might actually work.

On Wed, Oct 12, 2011 at 8:02 AM, Maureen <[email protected]> wrote:
>
> 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.
>>
>
>
> 

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