Originally published at: Feds go after Norfolk Southern, operator of derailed train that dumped toxic chemicals in East Palestine | Boing Boing
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As well they fucking should!
It’s nice when the government does it’s job
Criminally negligent corporation? Can’t wait to see who gets jailed over this. Just a second… I’m learning that all penalties will be financial, and most likely the only effects will be a slight loss in shareholder value; any terminations of high-level positions will be accompanied with golden parachutes. Ah, well, nevertheless…
unwilling to do much more than have its loathsome executives offer empty apologies and insulting promises to those affected
This is one of the consequences of MBA myopia: low-ball payoffs can be done within one fiscal quarter but the financial costs of criminal charges and civil judgements will hit the sacred shareholder value much harder in the medium and long term.
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