I agree to a point. But clucking your tongue and ignoring it is also not the answer.
The way to get less of an undesirable behavior is to make it lead to undesirable outcomes. Unless there is some other operative reason, you're right in another way - we don't have to care where that (dis)incentive comes from.
The firm owners are ultimately responsible - they are responsible for hiring the execs responsible for the firms' actions. Fine the criminal company so hard that shareholders of their future potential employers will think twice about the risks they might impose on their savings.
Of course, this is a national security concern, and so TBTF. Man, isn't the US a great place, if you're filthy rich?
The way to get less of an undesirable behavior is to make it lead to undesirable outcomes. Unless there is some other operative reason, you're right in another way - we don't have to care where that (dis)incentive comes from.
The firm owners are ultimately responsible - they are responsible for hiring the execs responsible for the firms' actions. Fine the criminal company so hard that shareholders of their future potential employers will think twice about the risks they might impose on their savings.
Of course, this is a national security concern, and so TBTF. Man, isn't the US a great place, if you're filthy rich?