Incorporation is a legal technique that greatly the personal legal risks of the individuals who run the corporation.<p>&gt;The massive reduction in risk that is inherent in the development of the modern corporation has been far from fully appreciated.<p>-John Kenneth Galbraith<p>As shown in 2008, globalized corporations are able to receive nationalized bailouts even though they are not subject to the same national restrictions of citizens.<p>Though they don&#x27;t <i>always</i> get away with it, large corporations such as Lehman are able to commit massive fraud and face no jail time.<p>Other multinational corporations like HSBC are able to launder money for drug cartels and terrorists but face no jail time.<p>See also the LIBOR interest rate fraud. No jail time for anyone involved.<p>Bookkeeping fraud is just the tip of the iceberg. If you are interested in more nefarious activity, like that of the human rights abuses of Shell Oil which runs Nigeria, there is plenty of information out there about it. Slavery, environmental destruction, torture, execution and when any attention is brought to it, the usual punishment is a small fine which is far less than the money made by engaging in these activities.