tag:blogger.com,1999:blog-31415271.post5718768242210514307..comments2023-09-22T06:22:50.820-06:00Comments on Ken Chapman: Big Tobacco Fined $1.5 Billion for Smugglingkenchapmanhttp://www.blogger.com/profile/11384045981190810115noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-31415271.post-69796023461060353962008-08-07T06:25:00.000-06:002008-08-07T06:25:00.000-06:00Yes, the tobacco companies are the posterboys for ...Yes, the tobacco companies are the posterboys for corporate scumbagdom as this disgraceful criminal activity on their part demonstrates yet again. I agree with you - the specific individuals within those companies who were responsible for the law-evading policies need to be personally prosecuted for their actions.<BR/><BR/>I'm curious about something else. You said: "I have seen the tactics Big Tobacco used in lobbying and PR based misdeeds too."<BR/><BR/>Eh? If you have something more specific & concrete to offer as documentation for this, not simply parroting the self-serving conspiracy theories of ASH, please do post it. Perhaps you know something I don't, but please be specific.<BR/><BR/>-Roy Harroldson of gaiahttps://www.blogger.com/profile/06596484594541795676noreply@blogger.comtag:blogger.com,1999:blog-31415271.post-33428407035384423312008-08-05T10:31:00.000-06:002008-08-05T10:31:00.000-06:00eric: No one is saying shareholders should be liab...eric: No one is saying shareholders should be liable. Where did you get that idea? Read the post. <BR/><BR/>On the other hand, management and directors who are the operative minds of the legal fiction corporations as "persons" do bear some personal responsibility for such things as went on with Big Tobacco in this instance.kenchapmanhttps://www.blogger.com/profile/11384045981190810115noreply@blogger.comtag:blogger.com,1999:blog-31415271.post-88749472064100146742008-08-04T20:14:00.000-06:002008-08-04T20:14:00.000-06:00Making the shareholder liable for actions of the d...Making the shareholder liable for actions of the directors would completely destroy the way businesses are financed as one would be unable to safeguard their assets. As such, your suggestion would have dramatic ramnifications and make Canada less competitive - given Dion's statements, maybe this is what he wants?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-31415271.post-57389621304903395892008-08-03T12:18:00.000-06:002008-08-03T12:18:00.000-06:00Thx for the comment. You are right shareholders a...Thx for the comment. You are right shareholders are not liable for corp taxes but directors are liable for GST and EI premiums so far as I know. <BR/><BR/>That said, I am sugesting there ought to be more personal accountability and liability for those how are the operative "mind" of the legal fiction of the corporate "person."<BR/><BR/>In some of Alberta's environment legislation I believe there is personal libility in some circumstances too. But I am not an environment nor a tax lawyer and could be wrong.<BR/><BR/>You are right about one thing, I am proposing more personal liability for decision makers in corporate matters...espeically where fraud is involved - like the tobacco smuggling in this post.<BR/><BR/>The Corporate Veil is a good thing but it ought not to be a shield for individuals who use it to break the law in the name of a corporation and escape responsibility for those decisions.<BR/><BR/>Next time you want to be insulting on this Blog - don't hide out as an anonymous comment. Have the strength of character to stand behind your comments and tell us who you are.kenchapmanhttps://www.blogger.com/profile/11384045981190810115noreply@blogger.comtag:blogger.com,1999:blog-31415271.post-61971233381664444652008-07-31T21:09:00.000-06:002008-07-31T21:09:00.000-06:00The shareholders or director's are not liable for ...The shareholders or director's are not liable for the corporation's tax liabilities, you idiot. Think before you write these stupid things. Your musings would change the whole way corporate-commercial structuring and financing works in Canada. Coming from a liberal (part of the biggest scandal in Canadian history where no politicans went to jail) it is a bit rich of you to make your suggestion.<BR/><BR/>Let's not get into your lobbying efforts despite the fact that you have supported the Minister you lobbied in the past. Who exactly is the crook here?Anonymousnoreply@blogger.com