Totally agree that demanding that someone be put in jail is the wrong approach, however clawing back all the ill-gotten gains and then some as a fine are reason

Totally agree that demanding that someone be put in jail is the wrong approach, however clawing back all the ill-gotten gains and then some as a fine are reasonable. Every single one of these people responsible should have had every penny of the money earned clawed back. The correct deterrence is to make sure that being irresponsible is simply bad business because it is undeniably unprofitable. I guarantee you that if you were to look at the lifestyle of many of those responsible today that we would see that they have plenty of money stashed away, many apartments and homes, club memberships, etc. I think we would all feel more comfortable that a crisis like this would not happen again if we knew that the practices that led to it were shown to be unprofitable.