When someone sets aside $6.8 bn  just to pay fines, are they really scared of fines? Do fines and financial settlements even matter anymore? That kind of stash, that nowadays any self-respecting bank sets aside, is just a regular expense, a price of doing business. Isn’t it a time to think of some new recourse, like jail time and/or mandatory breaking of institutions into smaller parts?

Although, it’s not clear who would go to jail. So that leaves one option: break-up TBTF – not as a prophylactic measure, but as price for wrongful behavior.