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If financial executives had been investigated and prosecuted to the fullest extent, it might have sent a much needed message -- and beyond just the financial se
by pasbesoin 9y ago
If financial executives had been investigated and prosecuted to the fullest extent, it might have sent a much needed message -- and beyond just the financial sector itself.
White collar, "banker's stripes" crime has too little attendant risk, and what risk does exist, is too often a financial risk that is dwarfed by the profits and furthermore paid by the institution rather than the individual.
Imagine if you could rob a bank, and when caught, pay 5 or 10% of what you gained and walk away.
Bank robbery would be a growth sector.