This is definitely the conventional wisdom I see here and on Reddit, but I disagree. Banking has changed, perhaps permanently. It is less profitable and by man

This is definitely the conventional wisdom I see here and on Reddit, but I disagree. Banking has changed, perhaps permanently. It is less profitable and by many measures less risky than before. And I disagree with throwing people in prison for losing money and hurting the economy. I want people to go to prison because they have committed crimes. The government could certainly have been more aggressive about charging individuals, but if you look at the cases they actually brought they were against low level people and they had a lot of trouble showing any of them actually broke laws. Most of the actually harmful decisions by high level bankers were not clearly illegal.