Bernie Sanders desires ‘legal’ CEOs locked up, however attorneys say it is unlikely

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Bernie Sanders desires ‘legal’ CEOs locked up, however attorneys say it is unlikely

Sen. Bernie Sanders can say he desires CEOs to go to jail all he desires, however consultants in company legislation say it is unlikely to occur.In


Sen. Bernie Sanders can say he desires CEOs to go to jail all he desires, however consultants in company legislation say it is unlikely to occur.

In a wide-ranging interview with CNBC’s John Harwood printed Tuesday, Sanders ripped Wall Avenue CEOs for “greed” and “corruption,” saying that jail ought to be on the desk as punishment for the ache he says their corporations have inflicted.

He got here down more durable on pharmaceutical and power executives.

Sanders, who’s operating for the Democratic presidential nomination in 2020, referred to as opioid producers “legal.” The Sackler household that owns and runs now-bankrupt Purdue Pharma, has been accused of selling the sale of opioids, regardless of understanding their risks. Others, together with drug distributors AmerisourceBergen, Cardinal Health and McKesson and drugmaker Teva Pharmaceutical reached a last-minute settlement earlier this month for his or her function within the opioid disaster.

Sanders stated Exxon Mobil executives and their friends “knew that the product that they had been producing was inflicting local weather change and actually serving to to destroy this planet.” Exxon Mobil is battling a lawsuit that accuses it of misleading investors about the risks of climate change regulations to its business.

Sanders, who describes himself as a democratic socialist, has stated he desires to make use of the Sherman Antitrust Act, a federal statute that outlaws monopolistic…



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