The US may not but some jurisdictions do but still have not prosecuted anyone. The UK is an example where company directors can be prosecuted for corporate mis

The US may not but some jurisdictions do but still have not prosecuted anyone. The UK is an example where company directors can be prosecuted for corporate mismanagement (failing in fiduciary duties http://legal.practitioner.com/regulation/standards_9_3_6.htm http://legal.practitioner.com/regulation/standards_9_3_6.htm) and there are new offences planned specifically for banking. But in fact Fred Goodwin received a handsome pay-off and has 24x7 police protection as a result of protestors arriving at his house when details of his huge bonus pay-off became public. He even obtained a super-injunction making it illegal for UK newspapers to reveal he worked as a banker ! (http://en.wikipedia.org/wiki/Fred_Goodwin#Superinjunction http://en.wikipedia.org/wiki/Fred_Goodwin#Superinjunction) edit: as someone else pointed out he did lose his knighthood but that hardly seems as severe as prison time.