Step One: Seize all the assets of the CEO’s, CFO’s and anyone else involved in the failed institutions with a $15 million golden parachute (or any parachute with the word million), including homes, foreign assets, art, cars, furniture and clothes that are not from Target or Wal-Mart — including the college fund for their kids. Sorry – the whole sins of the father thing. And also because thanks to their irresponsible and unethical actions, a lot of middle class kid’s college funds are gone, so it seems fair to me. Finally, they should be banned from working in the financial industry for all eternity.
In exchange for jail time, they should be given a minimum wage job so that they too could have the joy of earning a living and not be a further drain on American resouces.
That’s it. The rest of my plan needs work.
Edited to add: I just thought of step two. I’ll post it tomorrow.