In the example you posted 3.5 million of value was destroyed, and the cost will be born by someone (likely an insurance company, which means that it will be paid by thousands of policy holders, and or stock holders).
The net result is identical to someone walkign into the dealership with a gun and stealing a comparable amount.
Shit. The CFO of Enron got 10 years for over $1 Billion in Fraud! So 8 years for a measly $3.5 million is sever.
jerseyart said:
In your example one sweet old lady was robbed of her money. But in reality every time something like this happens thousands of grannies (most of whom dont have that kind of disposable income) are robbed and the net result to them is no different than if you took it right out of their purse.
Corporations are a legal fiction. You dont rob from them, you rob from people who own the stock and or their customers
By Law corporation exist the same as you or I and have the same rights. I disagree with this distinction but they are currently far from fiction in the eyes of the law. Which is our area of focus here.