Mikeoxenormous
Diamond Member
The CEO of Enron hung himself in Jail, at least he had the decency to keep from having US pay for the rest of his life. Shame more liberals don't follow suit, and lower the CO2 levels by self suicide and stop Global Warming.Enron was a major donor to the Bill Clinton Campaign
Enron and the Clinton Administration: Ties That Bind Obama was in office when it was found out that VW was cheating the diesel emissions testing, why didn't Obama punish VW like they did with BP(which the interior Department passed that oil rig)? Germany is socialist, while Britain is not... What a tangle web is woven.....
Neither needed a class action to punish the offenders. ENRON was taken out using the criminal justice system, and with VW the government was able to go after them.
I was a resident of California during the time that Enron stole the entire state surplus over artificial price gouging. That was my tax money. i never saw any of it again, so, I would say that there really is no need to dial back the financial responsibility of corporations stealing from the public.
Considering ENRON was making money out of thin air, how would a class action suit against them win anything? They got punished using good old fashioned criminal prosecution.
Got a problem with corporations being held accountable of their actions? Damn! I thought that the GOP was all about personal responsibility! Speaking of which, how many financial institution executives went to prison after the 2008 housing meltdown?
Class action lawsuits are not the method to use. and now you are just bouncing from one thing to another and cannot focus because you don't have an actual answer.
In 2008 everyone was pretty much following the rules, and everyone got burned.
In the case of ENRON people didn't follow the rules, and they went to jail.