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0 pointskevinventullo2y ago0 comments

A large portion of the CEO’s wealth is almost certainly tied up in company equity, and this is true for the shareholders by definition. Anyway, it’s not about teaching them anything, it’s about influencing the risk/reward calculus of other companies that are considering skipping steps and releasing unsafe products.

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themitigating2y ago· 1 in thread

I disagree about influencing the risk reward calculation because the punishment is supposed to be a deterrent.

If it's just a fine then the money is like fee to do something and remember that it's not always caught.

Imagine if the punishment for murder was $1 million dollars and only if I'm caught.

kevinventulloOP2y ago

If the fine is so large it bankrupts the company, I feel optimistic about its effectiveness as a deterrent.

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