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Make Corporations, Banks and Bankers accountable

Submitted on Sunday 7th August 2011

Published on Wednesday 17th August 2011

Current status: Closed

Closed: Friday 17th February 2012

Signatures: 10

Petition Action

Make Corporations, Banks and Bankers accountable

Additional Information

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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