News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
view the rest of the comments
If it's anything like other criminal inquiries in this country, they will find the lowest paid chump on the totem pole to pin all the blame on while the C-Suite once again walks away with Golden god damned Parachutes.
It's optimistic to assume they'll even bother finding someone in the company guilty even if it's some low level chump. I don't actually expect anyone to be found guilty in this whole thing. The only time corporations in this country actually suffer repercussions for their actions is when they cost shareholders significant money Enron style.
This is absolutely right. The worst case scenario in these situations is a settlement with no admission of fault.
I think even this isn't as hurtful to major shareholders - the ones that have decisionmaking power - as you'd hope. They typically have more information and pay more attention than the small fish. They'd offload their shares earlier, for longer, as to not disturb the price too much, leaving the remainder to hold the bag once shit hits the fan. The stock market enables that. They've extracted a shit ton of money by steering the company over the last couple of decades. The ones that would really bear the brunt are the shareholders that never had any decisionmaking power, and the company's workers.
Or when they’re foreign companies.
Oh I'm sure their Legal team will get QA people to do a full audit trail to find out who was on shift at the assembly line and blame them.
Just this country? Remember the diesel scandal at VW?
Couple of rogue engineers.
"Couple of rogue engineers."
Oliver Schmidt was a senior executive at VW who was prosecuted for that. Yes, upper management did take a hit.
Was he an executive, or just a manager, or just an engineer? Articles (including those on the justice department website) aren't clear about exactly what his role was. None of the actual executives holed up on DE have appeared to pay the price.
He's listed as a senior executive. Not clear to me if he was on the board or anything, but he's definitely more than an engineer or mid-manager.
Where is he listed as such?
"former engineer:" https://www.justice.gov/opa/pr/former-ceo-volkswagen-ag-charged-conspiracy-and-wire-fraud-diesel-emissions-scandal
"senior manager:" https://www.justice.gov/opa/pr/volkswagen-senior-manager-sentenced-84-months-prison-role-conspiracy-cheat-us-emissions-tests
"Senior manager" basically means Vice President or President. He was pretty high up, and likely reported to the board directly or only one step away.
"Senior manager" means manager of managers, still below director.
He testified that actual executives and lawyers gave him his script to read to regulators. He was complicit, he was guilty, but he was far from the topmost person responsible.