8 ms·

Yeah but their victims were other wealthy people. Who went to jail for the BP oil spill? The wells Fargo auto signing? Will anyone go to jail for the price fix

• jprete 2y ago
  If I remember correctly, both Bernie Madoff and SBF had a vast number of victims of all economic classes. I think this is more related to the ability to build a criminal case.
  • ericjmorey 2y ago
    Although I agree that the driving factor is the ease of building a case, you entirely missed the argument being made by the prior comment.
• SpicyLemonZest 2y ago
  The Wells Fargo scandal is a good illustration of the problem with this kind of thing. The people who actually opened the fake accounts were low level sales staff and their direct managers, who public opinion saw as victims of unrealistic expectations. So prosecuting any of the actual perpetrators wasn't politically feasible. The only other person they could find to prosecute was an executive who didn't support the fake accounts, and routinely had her team fire people who opened them, but knew about them and didn't disclose them when she should have. Which is a crime, don't get me wrong, but it's not a very serious one.