There is too strong an incentive to assign fall men to positions of "public responsibility" and then operate behind them at will (profitably). I'd maybe be in

There is too strong an incentive to assign fall men to positions of "public responsibility" and then operate behind them at will (profitably). I'd maybe be in favor of a law that demanded that fines be paid in equity of the company (starting with equity held by the C-level officers and board) at a steep discount on market price (say... 50% valuation). Engage in enough bad behavior and you become nationalized over time, and then the public can decide what to do with the result.