There are more repercussions for a person being a chronic speeding violator in our country, than there is for a big bank being a chronic violator of S.E.C. rules!
Sentiment: NEGATIVE
You know what an effective deterrent to crime is? Jail! And do you know what kind of criminal penalty actually makes people think twice about committing crimes the next time? The kind that actually comes out of some individual's pocket, not fines that come out of the corporate kitty.
You get a lot of speeding tickets, and you say, 'I'm so unlucky!' No, you're not. You're speeding. Slow down.
I've been pulled over five times for speeding - and talked my way out of every single ticket!
If you're dealing with criminals, they're not going to want to go to court.
One thing I learned a long time ago as a prosecutor is that it's tough to get people to obey a law if there is not penalty for breaking it.
Strict justice would demand total confiscation of your property, personal imprisonment and fines.
When the penalty for a policeman's mistake is to put a criminal back out on the street, then we are hurting America; we are hurting our law-abiding citizens.
I think a lot of people get in trouble with the law.
Our laws are too lax, our justice system too weak - particularly when it comes to violent, dangerous offenders.
If you prosecute a CEO or other senior executive and send him or her to jail for committing a crime, the deterrent effect in my view vastly outweighs even the best compliance program you can put in place.