As corporations have been legally defined as “people” when it comes to bankrolling elections, the same principle should be applied to any corporate wrongdoing, criminal acts in particular.
If a company is charged with a crime, as was PG&E, then the top level management (vice presidents on up) would be charged and tried collectively. Also included would be the corporation’s board, as well as any consultant who was a party to any aspect of the criminal wrongdoing. Those at the very top level (CEO, board chair, etc.) would be charged with a greater level of responsibility and therefore would bear a larger share of the penalties upon conviction.
If this were done, most corporations would become far more responsible than they are or have to be today.
So, who is going to pen this legislation?
David E. Roy, Fresno