I never said the idea was to use the CEO's assets to recover the losses of that kind of credit. I see prison more as punitive measure in that case. However,

I never said the idea was to use the CEO's assets to recover the losses of that kind of credit. I see prison more as punitive measure in that case. However, I don't see (as kls says very accurately below) why the banks' limited corporate liability should protect them when they do allow such immoral gambling as credit default swap to take place with the hard earned assets of millions of their customers. It my be just negligent but you and I are going to pay for it for long long time...