That's barbaric. White collar crime is a policy choice. Economies require a certain amount of slack in order to function. If an economy had a zero tolerance pol

That's barbaric. White collar crime is a policy choice. Economies require a certain amount of slack in order to function. If an economy had a zero tolerance policy for white collar crime than nothing would ever get done, because differentiating between fraud, incompetence, and bad luck is extremely difficult in all but the most straightforward of cases. If we wanted to de-incentivize white collar crime we have so many options that are (a) more humane, (b) more effective, and (c) less controversial. We could start prosecuting more cases of fraud, or improve regulations, or increase incentives for whisteblowing, or reform corporate governance, or any of a million other ideas.