On: JPMorgan Admits to Widespread Recordkeeping Failur...

[notreallyserio]

I'd rather see the board and executives indicted (when it can be shown they are culpable) and then have the government seize the corporation. I mean, if we're doing civil asset forfeiture, let's take it all the way, eh?

In my view mere dollar fines are insufficient when it comes to fraud.

[Karunamon → notreallyserio]

Administrative dissolution, aka corporate death penalty. I get this would be satisfying, but I'd really rather not provide more incentive for kleptocracy.

[sumedh → notreallyserio]

> then have the government seize the corporation.

Then people lose jobs and that does not look good on TV.