Wall Street: How Hard a Wrist Slap?

For breaches of investor trust at major financial firms, what kinds of penalties do you think are appropriate?

Regulators and law-enforcement officials are now struggling to hammer out penalties that Wall Street firms will have to pay to compensate for past indiscretions, such as issuing misleading research reports or having their analysts recommend stocks to investors that the analysts knew weren't good bets (see BW Online, 12/16/02, "Wall Street's Fine Mess"). What punishment do you think would fit the crime? That's the subject of this BusinessWeek Online Reader Survey, which as always is unscientific, since anyone who wishes to can participate.

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