Iceland successfully identified, prosecuted, and jailed specific bankers for their roles during the 2008 financial crisis https://www.bloomberg.com/news/feature

Iceland successfully identified, prosecuted, and jailed specific bankers for their roles during the 2008 financial crisis https://www.bloomberg.com/news/features/2016-03-31/welcome-to-iceland-where-bad-bankers-go-to-prison https://www.bloomberg.com/news/features/2016-03-31/welcome-t... and this article mentions "market manipulation and fraud". A second article mentions, "He argues the crimes themselves are simple matters such as embezzlement, merely with a complicated “wrapping” of financial jargon around them." https://www.ft.com/content/dcdb43d4-bd52-11e6-8b45-b8b81dd5d080 https://www.ft.com/content/dcdb43d4-bd52-11e6-8b45-b8b81dd5d.... This shows that prosecutions and imprisonment are possible for bank actions related to the 2008 financial crisis. Iceland's special prosecutor also believes that similar crimes were carried out in many other countries so the opportunity for prosecution was therefore possible.