Eli Lilly and Corporate Death Penalty
One of our loyal readers sent the following very provocative item below. It raises the question of whether any company can create such havoc that, at some point, its corporate license should be taken away. The example used is Lilly.
Personally, I would not go there. There are other historical examples given, but the one I know about was I.G. Farben in Nazi Germany. Still, even in the case of Farben, its constituent companies lived on: as BASF, Bayer, and Hoechst (now Aventis). Indeed, even some of the managers from the Nazi period returned in later years.
The constituent companies--particularly Hoechst--have provided exhaustive documentation of their role during the war, and historians have told the tale through that documentation.
Of course, this was all after the fact, and the article linked describes Lilly as a "public menace." Personally, even if I agreed (I don't), I would rather have the knowledge than the vengeance.