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(Guardian)   Should bankers be jailed for "reckless misconduct"?   ( guardian.co.uk) divider line
    More: Obvious, bankers, business secretary, Libor, failed banks  
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685 clicks; posted to Business » on 19 Jun 2013 at 11:05 AM (5 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

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2013-06-19 10:39:30 AM  
2 votes:
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2013-06-19 10:29:43 AM  
2 votes:
Of course not. They should be hanged and their assets given to the poor.
2013-06-19 12:39:04 PM  
1 vote:

WhoGAS: Initial, biased response:  Yes.

After thinking a second: No.

I would not want to create a precedent which would later allow for other company employees to be treated the same way.  People make mistakes, there should be a correction and consequence but I just don't know the best way to handle it without addressing the unintended consequences.

Reckless Misconduct.  I'm sure one could word a law in such a way that risk-taking is allowed, but selling stuff as good investments when you're betting against them should be illegal and carry massive fines, jail time, and the requirement to pay back everyone's losses.
2013-06-19 11:14:12 AM  
1 vote:
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Yes. They should be locked away and their assets seized.
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