The Mudcat Café TM
Thread #138150 Message #3161289
Posted By: EBarnacle
27-May-11 - 10:19 AM
Thread Name: BS: Corporate Death Penalty
Subject: BS: Corporate Death Penalty
Many of have wondered "How do we get to a corporate bad guy in a way that gets them to either change their ways or go out of business?" Arizona, of all states, has been upheld in the Supreme Court for its Corporate Death Penalty law.
This law has a "three strikes and you're out" feature and, in this case, has been applied to a relatively small company. Imagine if it would happen to a major bank...or another "too big to fail" institution. Pandora's Box may have been opened.
Where do we go from here?
This looks like a real attack on corporate "personhood." It may even lead to a rethink of the Citizens United decision.