14 Mar 2024 10:23 pm
That CEO may have to answer to the board if he wasn't maximizing profits over the welfare of its employees, but I don't see how it would be criminal.Cannonpointer » 14 Mar 2024, 10:18 pm » wrote: ↑ If a CEO allows humanity to stand between the company and a nickel, he is subject to civil and criminal penalties.
He has a fiduciary obligation to the stock holders. "But the children" is not an excuse for failing to maximize profits.
In Chyna that CEO may end up in prison or dead for that type of behavior, but not in the U.S.
Not yet anyway.
The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people