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A comment on Why didn’t any Wall Street CEOs go to jail after the financial crisis? (2019). Parent comment

Re:Why didn’t any Wall Street CEOs go to jail after the fina... by AnimalMuppet on Tuesday August 24, 2021 @05:47PM (#28295397)
Who gets thrown in the clink? How about "as many as possible, and the higher up the better"?

"We can't jail them all" does not imply "therefore jail none of them".

Precedents matter. The precedent that was set is "widespread fraud is fine; if enough people are in on it, nobody can be jailed". Is that really the precedent we want?

[ Parent | on HN ]
Re:Why didn’t any Wall Street CEOs go to jail after the fina... by pwned1 on Wednesday August 25, 2021 @10:17AM (#28301990)
The underlying question I ask is who set the precedent? Why was the system designed to allow this to happen?
[ Parent | on HN ]