Bankslaughter
The Guardian's Paul Collier has proposed a brand new crime (and a brand new word): bankslaughter: "With bankslaughter, when the bank blows up—even if it is a decade later—a criminal investigation traces back to determine whether crucial decisions were reckless. If a reasonable banker faced with the information available at the time would not have taken those risks, the person responsible is dragged off the golf course and jailed." Clusterstock's John Carney thinks this may just be the dumbest idea ever and should be "nipped in the bud before some populist lawmaker tries to make a garden party out of it." In the meantime, if you see Jimmy Cayne, Chuck Prince, or Dick Fuld on a golf course tomorrow and they look a little queasy, now you know why. [Guardian via Clusterstock]