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Cure For Moral Hazard: Dick Fuld, Are You Paying Attention?

Corporate India is in shock after a mob of sacked workers bludgeoned to death the chief executive who had dismissed them from a factory in a suburb of Delhi.
Lalit Kishore Choudhary, 47, the head of the Indian operations of Graziano Transmissioni, an Italian-headquartered manufacturer of car parts, died of severe head wounds on Monday afternoon after being attacked by scores of laid-off employees, police said.
The incident, in Greater Noida, just outside the Indian capital, followed a long-running dispute between the factory's management and workers who had demanded better pay and permanent contracts.

Not that we are suggesting this sort of thing is really a good idea, but I bet labor likes the idea quite a lot. It's a bit more brutal than litigating a fallen CEO into a heart attack (or a faked death) but it has a certain... honesty to it. That makes it, if nothing else, damn refreshing. And if anything is going to get murder condoned, it's a credit crunch and high gas prices in the United States. Ouch.

CEO murdered by mob of sacked Indian workers
[Times Online] (Hat tip - Anonymous DealBreaker commenter)