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Really?

There are jurisdictions where executives responsible for this sort of failure would be shot and have their assets confiscated.

Neither is likely in this instance.

It sounds like you're advocating for summary execution. That's not really done in the civilized world. What do you really mean?

I think he's arguing for going beyond zeroing out the shareholders.

That's an uncharitable reading.

There'd be a trial before their assets are seized and they're executed.

If being civilized has led to clown world, perhaps alternate modes of civilization should be instituted.