The lenders fabricated the incomes of people taking out mortgages. Giving Americans loans they couldn't repay. Sold the loans to big banks which were diced up into securities, given AAA ratings, and sold back into our pension funds. So the average American essentially got mumped twice.
This occurred hundreds of thousands of time all in the name of capitalism. People should have been locked up. Settling out of court doesn't seem to do stop them.
a. for what crime are you proposing that "people" should be locked up? for that matter, what people?
b. how are people harmed by receiving a loan which they cannot repay?
c. who is responsible for evaluating the quality of an item offered for sale? the buyer, the seller or a third party expressly contracted to rate the quality of that item? please consider that the buyer is a professional charging a fee based on their professed expertise in buying such items.
d. what, exactly, do think should be stopped? and why?