By Stephen Cheng and Noah Smith (April 15, 2019, 4:21 PM EDT) -- Since the 2008 financial crisis, financial institutions have paid various government enforcement agencies a staggering sum of over $240 billion in fines and settlements for their role in the crisis.[1] Even more staggering, however, is the number of Wall Street executives that have gone to prison for their role in the financial crash: just one. Eight years later, after regulatory authorities discovered that 3.5 million Americans (over 1% of the population) were affected by Wells Fargo's creation of approximately 2 million fraudulent accounts, then-CEO John Stumpf retired early with a $130 million retirement package, without facing criminal charges.[2]...