Elizabeth Warren on the Daily Show the other day:
|The Daily Show With Jon Stewart||Mon - Thurs 11p / 10c|
Elizabeth Warren from a couple of years ago describing the Death of the Middle Classes (HT Bernard Hickey). I wouldn't be at all surprised to see NZ has fallen into the same trap:
Commerce Minister Simon Power looks at introducing corporate criminal liability, according to today's NZ Herald editorial. I would also recommend exchanging the cap on fines for fines based on market capitalisation. That way you get proportional disincentives into the boardroom.