News
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Chump change for these crooks, and will be written off as the cost of business.
When we start giving bankers prison sentences, things will start to actually change.
They really don't care about jail time that much easier. A couple of years of jail for 40 million? Sure.
The fine sould start out at 100% or more the profit from doing the crime.
A criminal act should also make the executives personal assets fully liable. The fine is paid out of the personal wealth of all executives involved in the crime first, combined with a mandatory termination of employment. Then out of any stock buybacks, dividends other payments to stockholders second. The finally out of company assets.
Basically follow the rules or face severe financial consequences for anyone who stands to profit from it.