When a CEO rips off a company for millions of dollars

[edhopper]

Last edited Sun Mar 28, 2021, 01:20 PM - Edit history (1)

and then resigns or is fired. You don't fail to prosecute him just because he isn't running the company anymore.

Just saying.

I hope we all get that this is just an analogy for Trump and not about CEOs.

[rickyhall]

1. Depends on if he can pay off certain government officials.

[robbob]

2. Seems to me when a CEO rips off his company

They are often sent on their way with a multi million dollar golden parachute...

[MadLinguist]

3. Limited Liability of the famed LLC company suffix

different rules and special lanes

[grantcart]

5. Before Trump they regularly went to prison if they ripped of shareholders and committed tax fraud

See Adelphia Communications. (My cable provider at the time)

Father / son Rigas got 15 years and confiscated their assets.

[ProfessorGAC]

9. Some Enron Crooks, Too

The brother of Chicago weatherman/legend Tom Skilling did, along with others. Skilling's brother got 14 years, served 8 & had to pay restitution to former shareholders of $42 million, or almost all the benefit that could be assigned to the crimes.
Lay got 12 years, but died of court failure before he went to jail.
Fastow got something like 7 years, but it was reduced when he agreed to give investigators all of exactly what happened.
A few others got short jail time and/or had to pay restitution equal to their illegally gotten lucre.
This should happen far more often.

[FailureToCommunicate]

4. AND with murdering...what's the estimate...240,000 Americans, due to covid inaction...

If the CEO you are referring to was the one in the big white house.

[edhopper]

6. I am

I have to be more explicated in my OP that this is an analogy.

[Kid Berwyn]

7. Except half the cops are co-conspirators.

And the crime boss is an untouchable.

[edhopper]

8. Two crime bosses.

[Kid Berwyn]

10. We STILL don't know what they talked about.

Trump to reporters: What I say to Putin at G20 is “none of your business.”

https://www.axios.com/trump-putin-g20-discussion-none-of-your-business-a3eb5ab4-d3b9-4af8-ae11-943371e162f2.html

[edhopper]

11. I believe it was

the complete betrayal of the United States and it's allied countries.

[Kid Berwyn]

12. Absolutely, based on the evidence.

And the Unstable Moron thinks he’s a Somebody.