Chinese May Execute Milk Company CEOs

by James & Miel on January 1, 2009 · 0 comments

Hi All,

I don’t know if you remember this, but a while back there was a big scandal with tainted milk coming out of china. Something like 4 children died and over 50,000 got sick because the Chinese milk had melamine in it. It was hugely costly for business as Cadbury and Lipton had to recall a bunch of their Asian products (1).

Well, looks like the Chinese government is going to give the former milk company CEOs the death penalty (1). Thats not messing around.

Sometimes I think the US justice system is too lenient on white collar criminals. It’s a joke that guys like Bernie Madoff aren’t eligible for the death penalty. If one harms as many people as Madoff did, under any reasonable system one would be a prime candidate for the maximum penalty.

Best,

James

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