Nobel Prize Winner Joseph Stiglitz Calls for Jail Time for Corporate Crooks

Re:Nobel Prize Winner Joseph Stiglitz Calls for Jail Time fo... by slantyyz on Friday October 22, 2010 @11:39PM (#1822530)

I didn't suggest jail. I only suggested a stick. That stick could be in the form of fines or other financial sanctions.

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Re:Nobel Prize Winner Joseph Stiglitz Calls for Jail Time fo... by lkrubner on Saturday October 23, 2010 @02:05PM (#1823983)

Yes, that's what I said. There are many, many changes that could be made to the system that would change the incentives that motivate the people in the financial industry, and by changing the incentives we could expect that their behavior would alter. None of which requires jail. Larger fines should be enough to greatly change the incentives.

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Re:Nobel Prize Winner Joseph Stiglitz Calls for Jail Time fo... by lkrubner on Saturday October 23, 2010 @04:09PM (#1824266)

I wasn't suggesting that you suggested jail. This thread is about an article in which Stiglitz suggests jail.

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