[Cedar]

That’s why I posted this thread. I know little about business law, so I’m wanting to hear from those who do know.

Not all businesses have shareholders to whom they are responsible. Also, when Enron came tumbling down, weren’t those at the top held responsible? Would these risky deriviatives with no oversight be considered somewhat criminal? Maybe not.

My posting is slow, so some of these questions may be answered before this is posted. Sorry, if so.

[JLS]

Also, when Enron came tumbling down, weren’t those at the top held responsible?

1. You did not mention those at the top with AIG, but rather a group of 25 employees.

2. Enron execs who hid what they were doing from stockholder and put losses off the books were held responsible for those actions, fraud. Are you alledging that here?

A business failing is not a crime. It happes every day in the US during expansions and during contractions.