What if there is a close to zero chance of you going to jail everytime you do it? When the government and the banks are in collusion, that's what you get.

We're talking about the stock market blip from this week. If you can demonstrate that this happened due to collusion between government and banks, please do.

Let me repeat brisance's question:

Any of the directors involved in the mortgage bust served any jail time?

Brisance's question wasn't relevant to what I'd said, or this thread, and that's why I didn't respond.

How is his question not relevant?

You claim that there is a significant risk of going to jail for "Selling insurance against massive fluctuations".

That's a bit strange because these insurances (CDS) have been sold on a massive scale over the past years and are considered to be one of the main reasons for the crash. I did not hear about anyone going to jail for it, or did I just miss that part?

No, my claim was that the following would put you in jail: (1) shorting markets and then (2) deliberately creating the sort of fluctuation we saw in the last week.

That's all I was commenting on in this thread.

(Selling "insurance" and it was wrongly labelled above wouldn't be profitable even if there weren't jail problems. The sell side loses money on a CDS when the market goes down. You'd want to buy CDSs for that eventuality, and CDSs are not insurance.)