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126coupe
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Join Date: Dec 2002
Location: Coto de Caza, CA
Posts: 3,725
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Quote:
Originally Posted by artplumber View Post
Apparently, there is a law on the books in NY that allows at least jail time for fraud, if it can be proved that the execs knew it was a sinking ship and took/gave big bonuses anyway. Difficulty will be in proving that to a jury....

Maybe a special taxation of CEO income is in order....
Much more difficult to find a jury that has an IQ equal to the task at hand.
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1967 911R "Clone" Race Car 2.0 & 2.5 Twin Plug
1984 Mercedes 500 SEC
1991 Mercedes 420 SEL
1992 Ford F-350 Dually
28' Pace Trailer
Old 10-07-2008, 01:52 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #14 (permalink)