Wednesday, July 04, 2012
Deep and not so deep doo doo
As I noted a couple of days ago, the Penn State executives who decided not to report Jerry Sandusky to the authorities are in it deep enough they're breathing with a snorkel. They're unemployed and unemployable, two of them are facing criminal charges, and former PSU president Graham Spanier may also be prosecuted. All three of them are looking forward to being sued for their back teeth. (No surprise they aren't cooperating with the Louis Freeh investigation. Spanier is even suing to try to obstruct it. Don't expect a whitewash from Freeh, but do expect something close to it -- a pale beige at best. PSU is paying for his investigation and they aren't paying him to write a roadmap for litigants. But I digress.)
Contrast this with even wealthier and yet more evil executives at GlaxoSmithKline. They didn't just look the other way while somebody raped a couple of dozen boys. They conspired actively, elaborately, over years, to illegally foist drugs on tens of thousands of children that caused them untold harm; and they ripped off millions of adults as well by selling a drug -- which has serious side effects -- for purposes for which it is useless.
Well, the company is paying a $3 billion fine, which yeah, most people would consider a lot of money. But I expect it's less than the profit they made from the scheme -- it's just a cost of doing business. But guess what? The people who did this committed crimes more egregious than the crimes of Jerry Sandusky, by orders of magnitude, if you go by the number of people they harmed. Some likely died. Yet nobody will be prosecuted. They haven't lost their jobs either. I expect they all got bonuses.
Would love to hear the explanation. Oh I think I already know it.