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by paulpauper·11y ago·view on hn ↗
We've lost that ability in any meaningful capacity.

Lumber Liquidators stock fell 80% on the management's bad decision to use crappy Chinese flooring, so that is one example of bad decisions leading to loss of wealth.

1 comments
Lumber Liquidators isn't exactly a global mover and shaker. You can always punish the little guy. You can always name a person to take the fall, but it doesn't restore balance to the force.

Wake me up when HSBC sees meaningful fines or when Putin has his $70 billion in illegally acquired wealth confiscated.