A lot of what you said is true but you got to look at the details of each case, that is one reason Central Government Legislation and regulations usually make bad law they are to generalized.--- In [email protected], <[EMAIL PROTECTED]> wrote: > > From: terry12622000 <[EMAIL PROTECTED]> > > Well it is improper to make a general statment that they should or > > should not be responsible, that is something for juries and the > > courts to decide on a case by case base. Stockholders should > > neither > > be off the hook or held responsible either, nor should regular > > employees, in some cases in fact the average employee may know far > > more about the misdeeds than a far removed stock owner or even the > > board of directors or CEO. Take for example a corporation which is > > making a dangerous product that is released on to third party > > victims who is more liable a Mutual Fund owner where the Fund has > > 1% of its assets in the wayward manufactring corporation or an > > assembvly line worker who knows the corporation is making a dangerous > > product and that it is released on third parties but does not care because > > he is making a nice wage for helping make that dangerous product? Say > > the employee is one of 10,000 employees that know, say their > > annual wage is 50,000 a year and they have worked there an average of 10 > > years when the corporations was making the product, say their > > average net assets are 200,000 dollars each, all which they gainned > > directly or indirectly through helping the corporation make the product, > > while the mutual fund owner only owns 10 dollars worth of the wayward > > corporation through the mutual fund and has owned it for less than > > 3 months. > > > The first people responsible would be the employees. Those that knew what was wrong, and did it any way. Next would be the people over them. Their direct reports and supervisors. It is their job to know these things. Next would be the owners of the corporation. And in the 1% or $10 case, they would be 1% or the proportion that $10 represents of the total corporation, that would be their responsibility. > > BWS >
ForumWebSiteAt http://groups.yahoo.com/group/Libertarian Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/Libertarian/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
