This article falls back on the "I was just following orders" excuse. It doesn't matter if there was no intent of fraud: the issue at hand is that there is curr

This article falls back on the "I was just following orders" excuse. It doesn't matter if there was no intent of fraud: the issue at hand is that there is currently no downside risk for engaging in these profitable but destructive behaviors, so banks will continue to risk harming the economy as long as they are making money this way. Other professions where screw-ups tend to have disasterous effects, like medicine, law, and engineering, have legal liability frameworks in place to hold businesses and individuals responsible for the negative impact of their actions. I don't see why our financial system should be any different.