> Will you volunteer to tell the retiring teacher or firefighter that they will have to starve because you’d rather punish the ultimate perpetrators rather than hold the actually guilty (the then CEO and the board) accountable to the law?

I would. And firefighters and teachers are used to getting fucked by everybody anyway. (mom is a teacher, and have several friends who are firefighters).

But in reality, big union funds, invest only a little bit in any one company, so no, some big company loosing some of it market cap, would make little difference to each individual teacher and firefighter.