I think one of the problems is that it's hard to allocate blame. The guy selling iffy securities will probably claim he thought they were good and so on. I'm not quite sure how you fix that. Require the bank to list individuals as part of the settlement perhaps?
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Is there a definitive list somewhere? If there was, a boycott could be organized.
I think one of the problems is that it's hard to allocate blame. The guy selling iffy securities will probably claim he thought they were good and so on. I'm not quite sure how you fix that. Require the bank to list individuals as part of the settlement perhaps?