An example of a CEO getting away with fraud would be the Wells Fargo executive, John Stumpf, who was asked to step down instead of any consequence being afflicted with him. The crime caused the bank to pay 184 million dollars to make up for the fraudulent charges (Wang). This is a prime example of corporate greed taking reign over the people. Because the charges involve finances the courts decide that too much of a punishment will not do anything but when a slap on the wrist is given it will remind them that a lot worse can come. As stated by Mr. Ruby, “that a lighter penalty, “would signal that committing mine safety crimes might be a good gamble for a C.E.O” (Blinder). Which in fact by the statistics could be true since the number of CEOs being convicted is increasing each year. To go back to Blankenship 's case he was able to take control of the State Supreme Court and caused this horrific accident with the intentions of not wanting to “waste money” on worker
An example of a CEO getting away with fraud would be the Wells Fargo executive, John Stumpf, who was asked to step down instead of any consequence being afflicted with him. The crime caused the bank to pay 184 million dollars to make up for the fraudulent charges (Wang). This is a prime example of corporate greed taking reign over the people. Because the charges involve finances the courts decide that too much of a punishment will not do anything but when a slap on the wrist is given it will remind them that a lot worse can come. As stated by Mr. Ruby, “that a lighter penalty, “would signal that committing mine safety crimes might be a good gamble for a C.E.O” (Blinder). Which in fact by the statistics could be true since the number of CEOs being convicted is increasing each year. To go back to Blankenship 's case he was able to take control of the State Supreme Court and caused this horrific accident with the intentions of not wanting to “waste money” on worker