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Punishment for financial crimes should be proportionate to the average yearly income.
(self.showerthoughts)
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FYI, the median personal income for a person working full time, year round is just above $60,000 in the US, so 1 million dollars of crime might only deserve 16 years, 8 months.
JPMorgan Chase has paid out $30,000,000,000 in fines over the last 20 years or so. That means if you apply similar logic to companies, their executive team owes up to 500,000 years in prison collectively, which is only 3,000 years per member of the senior leadership team.
Source on median income pls?
US Census seems to put it at ~42k/year
I would swear I've seen an annual figure, but I'm not finding it.
https://www.bls.gov/news.release/wkyeng.t01.htm shows the weekly figure, and $1165 times 52 fits with $60k/year. Sorry I don't have a nicer is source