Comment by pjc50
18 days ago
It's not my solution, I'm not in charge of the SEC! I'm broadly supportive of anti-inequality measures against the financial industry. It's just that if you say that the peanut gallery will call it socialist.
I would however like people to be a bit more specific about what they think the crime was, who specifically committed what, and whether it was actually illegal at the time. It's a word people love to throw around. It's not actually illegal to make poor business decisions.
https://en.wikipedia.org/wiki/Se%C3%A1n_Quinn for example, while his misconduct cost the collapse of AIB, the thing he was actually jailed for was failing to comply with court orders.
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