Is it Better to have securities laws as civil vs criminal offenses?

[ssternlight]

Quote from LivermoresGhost:

Hey, just more taxpayer dollars coming out of your pocket to house non-violent offenders. You should think it through one more time.

It's certainly worth it to prevent tens of thousands of people's retirements and billions of dollars of equity vaporizing every time this cycle reoccurs. Housing a couple of thousand crooks with Bubba is well worth it.

I'd let the marijuana people out if you want to make it cost neutral.

 

[ssternlight]

Quote from mahram:

But I dont think the legal system could handle that. Most jails are already crowded already. They are already releasing low level crooks, who rob and who are really dangerous. But because of the crowding they are already releasing them. If you had the choice to keep bernie ebbers or a rapist in jail, I think they would kick out ebbers. I dont think he will spend life in jail, I think after 10 years he will be out. He will write his life story, and he will be a come back kid. In 10 years will anybody remember worldcom. Its less then 5 years and beside wallstreet diehards, most people dont remember world com.

Sorry,

It's not an either or story. We can find room for both...

I don't see why people always want to go soft for the biggest crooks on the planet. But it happens over and over again.