When people create a corporate 'shell', it is to protect their personal property from liens in the event of losing litigation. At it's core, corporations are nothing more than the collection of people, who engage in some business activity. Yet legislators have enabled illegal behavior within corporate shields, as evidenced by so many, from the days of Drexel Burnham Lambert, to the 'Keating 5' and the Savings and Loan scandal, the BCCI scandal, Enron, World Com, MCI, and how many others which pay out millions in class action fines from their illegal behavior. And the law keeps letting them off the hook. The only viable conclusion is that either the laws are written poorly, or the legislators are on the take. My bet is for the latter.
I worked in corporate America for a decade plus, and I've seen corruption first hand. It's human nature. Because my ethics are fanatical, I never could cheat at that scale, and it cost me my job once. Corporations (rather, the corrupt men that lead them) don't like employees like me, who point out the flaws. They want the automaton that puts his head in the sand, or looks the other way.
The only way to correct this it to create laws that regulate corporations fairly, and punish corporations more severely when such behavior is caught. If we don't start doing this, the corporation will overthrow our nation, and people will lose their innate empathy and compassion for others. We're at the 'fulcrum', and it may already be too late. We're going to need to demonstrate in Washington. Otherwise, corporations will continue to empower the rationalization of looking the other way when a crime is committed. And the victim will be our very souls. If you are in agreement (or, if you are not), then please leave a comment. I'd like to know how many people with integrity are left.
Saturday, September 19, 2009
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