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I have much doubt that criminal penalties would change anything. People would just put much more energy in avoiding them. I think that state a priori regulation
by azag0 9y ago
I have much doubt that criminal penalties would change anything. People would just put much more energy in avoiding them. I think that state a priori regulation is a more effective tool than state a posteriori punishment.
- branchless 9y agohttp://www.rollingstone.com/politics/news/why-isnt-wall-street-in-jail-20110216 http://www.rollingstone.com/politics/news/why-isnt-wall-stre... > "You put Lloyd Blankfein in pound-me-in-the-ass prison for one six-month term, and all this bullshit would stop, all over Wall Street," says a former congressional aide. "That's all it would take. Just once."
- s73ver 9y agoI don't see why we can't have both. But, for it to really work, you can't throw them in Country Club Resort prison. They have to go to Pound-Me-In-The-Ass prison. They need to be locked up with some really bad people. Because, let's face it, most of these white collar criminals are really bad people.
- dragonwriter 9y agoWait, so wouldn't Country Club prison work then, since that's where all the existing imprisoned white collar criminals already are (and, per your description, they are “really bad people”.)
- s73ver 9y agoNot if they're all only around each other. I'm talking they need to be locked up with genpop at a medium or high security prison. With gang members and such.
- deleted 9y ago[deleted]