News for hackers. Stuff that matters.

A comment on U.S. Secretly Halted JPMorgan’s Growth for Years. Parent comment

Re:U.S. Secretly Halted JPMorgan’s Growth for Years by jmlsf on Sunday October 28, 2018 @09:43PM (#18324366)
How did you go from "punishment for multiple crimes and regulatory violations" to "picking winners and losers"? Economists typically think laws governing fraud should be enforced.
[ Parent | on HN ]
Re:U.S. Secretly Halted JPMorgan’s Growth for Years by AnthonyMouse on Sunday October 28, 2018 @09:46PM (#18324388)
Laws should also be transparent. If there is a crime, the punishment should be known in advance and be imposed openly. How else will it act as a deterrent?
[ Parent | on HN ]
Re:U.S. Secretly Halted JPMorgan’s Growth for Years by wallace_f on Sunday October 28, 2018 @10:02PM (#18324452)
But that's not what happened. The law was an "unwritten rule" which was enforced in secret.

As another user here stated, regulatory law needs to be enforced openly and transparently.

[ Parent | on HN ]