Let’s look at some other biases - so one exec from VW (a foreign company) was taken in. How many from GM who are just as guilty? What about the Equifax lot? Wells Fargo? The banks pushing crappy MBSs and ABSs on pensioners?
> How many from GM who are just as guilty? What about the Equifax lot?
Broadly speaking, you get fined for fucking up. You get jailed for covering it up.
American commercial law largely protects company Boards and executives from their own stupidity. This is necessary, since the difference between madness and genius can only be ascertained ex post facto.
We’re one week out from Elizabeth Holmes’ criminal indictment.