"individuals cannot by law be personally liable" - Interesting. Then the new blood come in and get paid the same as the old blood when they do their jobs and got a huge lump sum when they got sacked for their fraud and incompetence. We are doing the cycle again.
(1) If there is such a law, we may need to change the law; and (2) How do you know the 'new blood' is cleaner, no HIV? I actually feel the chairman are saying and doing a few right things in the past few days.
The lawmakers may need to think about the limit of bonus for these executives, e.g., the total should be no more than 20% of the base salary.
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