Warren introduces legislation making it easier to jail top executives

[mystery-ak]

Warren introduces legislation making it easier to jail top executives
By Tal Axelrod - 04/03/19 11:05 AM EDT

Sen. Elizabeth Warren (D-Mass.) introduced legislation Wednesday making it easier to jail executives if they or their corporations break the law or commit civil violations.

The Corporate Executive Accountability Act would expand criminal liability to negligent executives of corporations with more than $1 billion in annual revenue. The executives would also be penalized if they repeatedly broke the law or breached civil statutes, such as those protecting personal data or consumers' safety.

The Massachusetts Democrat also reintroduced the Ending Too Big to Jail Act, which seeks to hold big bank executives accountable when their banks break the law.

“Corporations don’t make decisions, people do, but for far too long, CEOs of giant corporations that break the law have been able to walk away, while consumers who are harmed are left picking up the pieces,” Warren, who formally announced her presidential ambitions in February, said in a statement.

“These two bills would force executives to responsibly manage their companies, knowing that if they cheat their customers or crash the economy, they could go to jail.”

more
https://thehill.com/homenews/senate/437128-warren-introduces-legislation-making-it-easier-to-jail-top-business

[truth_seeker]

Squah Lizzie, got heap big wampum herself.

How many finance execs went to prison during the 8 years of Obama rule?

Lizzie just sending up campaign smoke signals.

Politicians don't REALLY want to throw execs in jail; the hands that feed them.