Einhorn is willing to penalize companies for violating securities laws so that investors will have an incentive to demand honest management and avoid investing in dishonest companies.
I think a heavy financial penalty on the executive officer who authorized the illegal behavior would punish the real wrongdoers and change behavior.
David Einhorn: The Irony of It All [View article]
I think a heavy financial penalty on the executive officer who authorized the illegal behavior would punish the real wrongdoers and change behavior.