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To: DoughtyOne
If it is shown that CEOs and corporations did cook the books and play fast and loose with the rules, I hope the corporate officers involved spend the rest of their days behind bars.

If it can be proven that someone defrauded the government of some amount of money, would any new law be required to attach a tax lien of that amount?

I would suggest that if a company receives a $1,000,000,000 bailout and it can be shown that ten executives engaged in deliberate fraud that made such a bailout necessary, they should find themselves with $100,000,000 tax liens and be restricted from leaving the country until such time as the liens are paid.

17 posted on 10/05/2008 5:33:17 PM PDT by supercat
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To: supercat

They should lose their ability to work in the industry, and be prosecuted. Some form of Corporate fine along the lines you mention would be reasoned as well.


18 posted on 10/05/2008 9:14:23 PM PDT by DoughtyOne (McCain, the Ipecac president... Obama the strychnine president...)
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