Can anyone tell me what actual EXISTING LAWS any of these CEOs have broken? If we try them, what will we charge them with?
I know what they have done is wrong, immoral, whatever BUT..what laws did they break?
For example, we know what a POS Ken Lay is but to date (correct me if I'm wrong) there are no "legal" charges against him. The guys from Adephia that they led off in cuffs...apparently they actually have evidence of them raiding and siphoning off the company assets so I assume they have a legal charge for that.
But again, the rest of the POS's, what do they get CHARGED with?
Legal begals out there...anyone, anyone...Bueller?
Large cases like Enron require tons of investigation and the mountain of documents to wade through is enormous. To prosecute successfully, one must move deliberately and thoroughly, which means it's not going to happen overnight.
And if they didn't break any current laws, how can they be convicted with a law that is passed after-the-fact?
I've been uncomfortable with this whole thing since that Enron executive committed suicide. It just seems that information, increased public awareness, and more responsible accounting will take care of this. They shouldn't start punishing people who played by the rules.