Submitted on Sunday 7th August 2011
Published on Wednesday 17th August 2011
Current status: Closed
Closed: Friday 17th February 2012
Signatures: 10
Make Corporations, Banks and Bankers accountable
Remove the privilege of Limited Liability from any corporation whose failure has massive downside impact (eg Banks). Make directors liable for failures in these corporations up to their wealth. Limited liability should be preserved for entrepreneurs in SMEs.
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