Generally speaking bad business decisions and losing money are not against the law. Do you think they should sometimes be against the law for businesses that r

Generally speaking bad business decisions and losing money are not against the law. Do you think they should sometimes be against the law for businesses that receive substantial government guarantees (say to the tune of hundreds of billions of dollars or more)? Sure, that's probably a good idea. But did those laws exist before the Financial Crisis? Not really, as far as I can tell. So what are you going to throw the bankers in jail for? You can't pass new laws and apply them retroactively in the U.S. since the Constitution doesn't allow ex post facto laws. There is a discussion we could be having about new laws that will apply to financial institutions in the future, to prevent, or at least reduce, the consequences of financial institutions behaving recklessly. But for some reason we're not having that conversation.