I consider these prosecutions a good thing, even though the selection of who goes to prison and who gets to enjoy their spoils seems arbitrary. For instance non

I consider these prosecutions a good thing, even though the selection of who goes to prison and who gets to enjoy their spoils seems arbitrary. For instance none of the politicians who played benefited from and played a large role in the Icelandic financial crisis have been prosecuted. The financial oversight institutions failed too, but somehow their failure to do their jobs is acceptable? From a game theory perspective persecuting bankers is correct. The incentive for people who are already wealthy to take massive risks gets reduced when they know they may go to prison when it all hits the fan. It has little to do with real justice, though.