Professor Edward Kane:

This is why I say the system is elitist. It treats bankers as some kind of high priest and gives them the idea that they have been punished enough by the embarrassment of leading a firm to failure. They may have a great pension, lots of property and a portfolio of stock but we cannot take that away because they have already been shamed enough.

However, we cannot take that away because they have already been ashamed enough. It is not just about shame. It is a matter of redress.