> Corporate fines are a genius invention of corporate execs' personal lawyers
Ahistoric and orthogonal. Corporate fines and personal sanctions have coƫxisted since corporations were a thing. Charter revocations, on the other hand, have almost always followed individual liability, because again, just poofing a corporation doesn't actually do anything to its assets, the part with actual value. (In the English world, corporations frequently came pinned with trade charters. The actual punishment was losing a trade monopoly. Not a legal fiction being dissolved.)
Nothing about corporate death penalties or corporate fines prevents personal liability. And neither particularly promotes it, either, particularly if guilt is never acknowledged as part of the proceedings.
Ahistoric and orthogonal. Corporate fines and personal sanctions have coƫxisted since corporations were a thing. Charter revocations, on the other hand, have almost always followed individual liability, because again, just poofing a corporation doesn't actually do anything to its assets, the part with actual value. (In the English world, corporations frequently came pinned with trade charters. The actual punishment was losing a trade monopoly. Not a legal fiction being dissolved.)
Nothing about corporate death penalties or corporate fines prevents personal liability. And neither particularly promotes it, either, particularly if guilt is never acknowledged as part of the proceedings.