Jail

Many people are wondering if either Trump or Biden will go to jail. One way to answer that is to review what happened in the now infamous mortgage crisis of 2008. Many of the big banks faced fines but the CEO's did not go to jail. Some representative fines are Bank of American with assets of $2,150 billion were fined $16.6 billion, JP Morgan assets of $2,420 billion, fined $13 billion and Citigroup $1,911 billion fined $7 billion. These big banks made trillions during the mortgage fraud and they got a slap on the wrist. In addition the CEO's received millions in bonuses. Many low down the food chain people in the mortgage business went to jail but not those at the top.