I agree, even a hefty personal financial fine which pushes people to the verge of bankruptcy will not impress these people.
They will get a new high paying job eventually.
The only adequate punishment is a long prison sentence and it would deter other people from doing the same.
Btw, also send the "reports" IE management who enforces the project straight to prison with the bosses.
Sounds radical, maybe, but all the other laissez-faire and self regulation approaches have not worked.
A prison sentence also means not employable in the same salary segment ever again.
These people hide behind large legal teams and always remind everyone about their large responsibilities.
But when it comes to be responsible and liable to bad things, nothing much happens.
Just prison, not like in china, where some executives have simply been executed.
Agreed, and you'd only have to put a small handful of execs in prison to create a massive deterrence effect. Social climbers and the managerial class are a paranoid, highly socially ovservent, news attentive and risk averse bunch, petrified of reputational ruin.
Sounds radical, maybe, but all the other laissez-faire and self regulation approaches have not worked.
A prison sentence also means not employable in the same salary segment ever again.
These people hide behind large legal teams and always remind everyone about their large responsibilities. But when it comes to be responsible and liable to bad things, nothing much happens.
Just prison, not like in china, where some executives have simply been executed.