'What are Congress and the White House saying and doing about this growing corporate crime wave?' asks Ralph Nader. 'Saying little and doing almost nothing.'
By far the greatest toll in preventable fatalities and serious injuries in the U.S. flows from either deliberate, negligent or corner-cutting corporate crime under the direct control and management of CEOs and company presidents, many of whom make over $10,000 an hour over a 40-hour week.
This range of corporate destruction was pointed out thirty-four years ago by Russell Mokhiber in his classic book, Corporate Crime and Violence: Big Business Power and the Abuse of the Public Trust . Congress doesn’t hold broad hearings on corporate crime, except when a dustup gets headlines like the recent contaminated baby formula from the unsanitary Abbott factory in Sturgis, Michigan.
There are large gaps to be filled and updated in the inadequate federal corporate criminal law. Some regulatory agencies, such as the FAA and NHTSA have no criminal penalty whatsoever for willful and knowing violations that directly result in fatalities.
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