Simply put: limited liability, lobbying (political donations) and general ignora... | Hacker News

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1101010010 on May 14, 2023 | parent | context | favorite | on: Three Companies Impersonated Millions to Influence...

Simply put: limited liability, lobbying (political donations) and general ignorance of the subject matter by a majority of the population.

olliej on May 14, 2023 [–]

Limited liability only protects the "owners", not the employees, including the board.

So while piercing the LLC veil seems unreasonably hard, putting every individual involved in jail seems not unreasonable.

1101010010 on May 14, 2023 | [–]

Yet reality defies your "reasonable" expectations.

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