18.1.18
Carillion Must Now Also Face Justice for Blacklisting Trade Unionists | naked capitalism: However, this post triggered another line of thought. First, the headline is misguided, because as with the TBTF banks in the crisis, holding companies accountable is pointless. They pay “cost of doing business” penalties and carry on with the same bad conduct, perhaps more carefully if they got big enough fines or bad enough headlines. Individuals need to be punished, most of all the executives responsible, with hefty fines, clawbacks, loss of deferred pay, and when appropriate (which is vastly more often than it happens) jail time.
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