The whole concept of limited liability need to be rethought. The goals were good and it has produced great wins for humanity. But the way it allows one sided bets (the most I can loose is my investment) is outdated. When it was introduced there was not really a way for a limited liability entity to fail in a way that imposed massive costs on others who were not voluntarily involved (employees, suppliers, investors, lenders, customers, etc).

Perhaps limited liability should not apply to negligent harm caused by the entity to non-involved people. investors, officers and directors should be fully personally liable for the harms.