Friday, August 15, 2014

A reprehensible picture of corporate misconduct REDUX

Irish Times article - Toyota's Reputation Badly Dented

A statement of facts about the defects that Toyota acknowledged was true as part of the deal “paint a reprehensible picture of corporate misconduct,” US district judge William Pauley said.

WSJ: Judge Wants Toyota Probe to include Employees

Judge Pauley does not think the prosecution should end here.

"I sincerely hope that this is not the end but rather the beginning to seek to hold those individuals responsible for making these decisions accountable," Judge Pauley said during a hearing in Manhattan federal court.
The comments add to a growing chorus from judges who have criticized prosecutors for settling claims of wrongdoing with companies while not bringing charges against executives or others who actually made the decisions.