Yes you make a good point about collateral damage affecting workers. Perhaps there could be a ‘death row’ lasting 5 years so workers can make a soft-landing.

Fines aren’t going to work, I think that is pretty clear, as many others have said. They are very much an instrument of ‘make an example of ‘em’ aren’t they?

I bet that when a large bank thinks about their ‘worst case scenario’, they are thinking about Lehman Brothers, not a mega fine. Being a senior executive in a company that got corp-deathed is surely career ending.