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Author: brucedoe Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 449703  
Subject: Re: Why executives aren't prosecuted... Date: 4/22/2013 1:23 PM
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Well, um, there is another angle. Stock holders, who presumably are owners of the corporation, are not liable for the machinations of the company whose stock we own. If "we" who own stocks were liable for the crimes of companies whose stocks we hold, we we own them? And the same goes for limited partners in partnerships though general partners can be liable.

Gun manufacturers got a law passed so that they are not liable for what is done with the guns they sell.

brucedoe
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