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Class members should discuss the long list of deregulations that Corporations have achieved over the years, starting with corporate lawyers arguing that the 14th Amendment should apply to Corporations, giving them the rights of personhood. Continue by discussing all the other restrictions that were placed on early corporations that have been removed leading up to the current practice of CEO stock options. In considering the “bad corporate actions and impacts” list you composed in the previous discussion, how do all these various deregulations contribute to these negative impacts? Did early deregulation pave the way and CEO stock options merely constitute a dangerous tipping point? Would CEO stock options be as destructive if shareholders were fully liable, as they were at the beginning?
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