The Times’s Gretchen Morgenson asked in her “Fair Game” column whether making “financial executives personally liable for a portion of any . . . legal settlements” in class actions — regardless of personal fault — would cut down on bad conduct.
I bet it would.
But I have a better idea.
Promise to pay class action lawyers big bonuses for finding the actual bad guys and making them pay.
Continue Reading How to Make the Real Bad Guys Pay