RE: Shameful!
May 5, 2013 at 4:54 pm
(This post was last modified: May 5, 2013 at 4:57 pm by The Grand Nudger.)
(May 5, 2013 at 12:33 pm)Tiberius Wrote: Pretty sure they didn't store their profits in a vault on site. The owner and operators at fault have property right? They have salaries, savings, etc.?
If the company made no profits at all, then unfortunately, there isn't much that can be done money wise. The people responsible can rot in jail, and we can hope that the charity of others can help rebuild homes that were destroyed.
The owners assets and the company assets are a different entity. That's the whole point of incorporating here under any classification. There is no vault, onsite or off, and any "profits" are likely to be a floating column in accounting and not any real asset (if there were any real assets laying around that would be wasted capital-bad business).
Corporations here, are people - remember this. So what you are saying, essentially, is that we should prosecute and fine one person for the crimes of another (ostensibly because they won't show up in court - not having any body to incarcerate - and there wasn't anything in the cookie jar when we dug in looking for reimbursement). The owners and operators become patsies because we screwed the pooch with our business friendly laws.
Fucked up, isn't it..lol.
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