Ferry Boat Company Executive Sentenced to 10 Years By Korean Court
It looks like from the corporate side of the Sewol Ferry disaster the authorities are making the company’s president the fall guy:
The head of the operator of the South Korean Sewol ferry that sank in April killing more than 300 people has been sentenced to 10 years in jail.
The Gwangju district convicted Kim Han-sik, president of Chonghaejin Marine, of criminal negligence.
Investigators found the ferry had been overloaded with cargo which contributed to its sinking.
Last week, the court sentenced 15 crew members to between five and 36 years in prison. (BBC)
You can read more at the link.
Reminds me of a song…
Don’t pay the ferryman,
Don’t even fix a price,
Don’t pay the ferryman,
Until he gets you to the other side;”
In the rolling mist, then he gets on board,
Now there’ll be no turning back,
Beware that hooded old man at the rudder,
And then the lightning flashed, and the thunder roared,
And people calling out his name,
And dancing bones that jabbered and a-moaned
On the water. And then the ferryman said,
“There is trouble ahead,
So you must pay me now,” – “Don’t do it!”
“You must pay me now,” – “Don’t do it!”
And still that voice came from beyond,
Whatever you do,
Don’t pay the ferryman,
Don’t even fix a price,
Don’t pay the ferryman,
Until he gets you to the other side;
Don’t pay – the ferryman!
Good advice!
Now if America could just take a lesson from this and start jailing Wall Street company presidents for the crimes of their companies, there would be many future problems avoided.
But that would mean half of the US companies will have their officials in jail, ChickenHead.
Tom: I don’t know about half but yes, there are a lot who probably should be in jail.
Congratulations. Whether on purpose or not, that comment made sense.