Are you suggesting that rather than lobbying hefty fines at corporations who lie, cheat or steal, that you would go directly after individual members of corporations and prosecute them criminally, or what is your philosophy on this? Well, first I'd refer you to. There was a bipartisan unanimous statement by the Commission back in 2006 when I was a commissioner regarding corporate penalties. Basically, what we were looking at is oftentimes penalties that are assessed against corporations are because of issues that basically harm the shareholders themselves. (03:41–03:51)
CLAIM
Asserts that a bipartisan unanimous statement regarding corporate penalties was made by the Commission in 2006.
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