Something of interest for #corporation watchers:
the Biden administration has announced it will give a legal pass to firms that reveal criminal activities at companies they buy.... in the interests of disclosing illegal corporate activity.
However as #ElizabethWarren rightly argues this will more likely encourage malfeasance, with the promise of being able to wipe the slate clean on a merger.
Indeed, its difficult to see how confession & forgiveness will reduce corporate criminality at all..
@43d7c4ea
Does the forgiveness apply to the directors of the company being taken over?
Or just to the buyer.