10. Hire 1,000 FBI agents to investigate corporate and white-collar crime
9. Appoint a chief criminologist at each of the financial regulatory agencies.
8. Fix executive compensation by tying it to long-term corporate performance.
7. Target the top 100 corporate criminals. (It would be interesting to see who would be on the list… Todd Krohn? Any suggestions?
6. Regulate first.
5. Bust up the FBI partnership with the Mortgage Bankers Association.
4. Get rid of Ben Bernanke as chair of the Fed. Replace him with Nobel prize winner Joseph Stiglitz.
3. Get rid of too big to fail.
2. Create a consumer financial protection agency headed by Harvard Law School professor Elizabeth Warren.
1. Fire Treasury Secretary Timothy Geithner, Office of Thrift Supervision chief John Bowman, Fed chief regulator Patrick Parkinson, and Office of the Comptroller of the Currency Chief John Dugan.
Via Karl Bakeman, the March issue of the Atlantic Monthly has sociologists reflecting on the long-term impact of the recession on unemployment. The whole thing is worth a read:
Pay especially attention to France and South Kora, considering a similar retirement age. Also note the dramatic improvements in Turkey and Ireland, for instance.
This would go along for evidence of hard-wiring for empathy as well. The list of ways in which equality is good for us is starting to get long. So, how long before we can declare belief in inequalities as faulty wiring and fund some medical research for it? *SocProf asks disingenuously*