2 ms·
During the savings and loans scandal, we convicted over a thousand people. Even if they committed the most minor infraction. I'd argue it cleaned up the ban
by adrr 8y ago
During the savings and loans scandal, we convicted over a thousand people. Even if they committed the most minor infraction. I'd argue it cleaned up the banking industry for 20 years.
Jail and a felony conviction which permanently destroys your career is a big motivator. Fines and not admitting wrong doing is as much risk as gambling in Vegas with a lot better odds.