Earlier quoted context omitted.
Odd that so often here on HN we talk about how prisons don't work, don't deter crime, don't rehabilitate... yet whenever some CEO or high level official is caught in malfeasance, we insist that "sending them to jail" is the only proper response.
Over time, my thoughts on prison have evolved. I no longer consider their purpose to be punishment, but instead simply segregating people from society who refuse to follow the rules of society. The segregation is enough punishment itself, more punishment doesn't need to be heaped on.
But the people who knowingly did wrong should receive some sort of punishment, even if it is just financial or being barred from their career path.