Punishments meted out at Companies miss target

Time and again we note that regulators hand out fines against companies that they have found to be guilty of transgressions. What is usually overlooked is the fact that this means that innocent investors are in effect punished for misdemeanors or even crimes that they were only responsible for in the most indirect fashion. The real culprits are the managers of the companies and in most cases they are able to get off lightly and even carry on in their roles at the same companies. Topical example: Hypo Niederoesterreich vor Millionenstrafe
(29/09/2010)