The financial crisis was largely perpetrated by people who were simply doing their jobs within an absurd system. The main flaw of our system of financial oversight is its opacity. We should focus more on how to fix this and less on creating a new class of criminal.

Have all the justice you want. But don't fool yourself that it represents a solution. We need to take away the secrecy the "crooks" need to operate. This secrecy is actually provided by our regulatory and financial accounting system.