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by njr123
4662 days ago
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We absolutely do throw people in jail for being bad at their jobs. If an engineer signs off on design work which then fails and injures/kills someone due to their incompetence they can and are charged with professional negligence and sent to jail. Although financial incompetence doesn't kill anyone, it does effect a much much larger number of people, so I don't see why we shouldn't take the same approach and make the directors of financial firms personally liable for the outcomes of their actions. |
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And medical misconduct and malpractice often involve federal investigations, that tells you it's not considered trivial.