Sadly, the RBS debacle led only to knighthoods, bail-outs and taxpayer money being spent on bonuses so they could "retain world-class talent". Apparently, firing their asses would have been a Bad Thing due to their stellar performance to date (and since).

The very idea of prison time for RBS re-cycling the Enron ideas of debt vehicles is laughable.

Enron people went to jail and the banks (like RBS) then had regulators permit exactly the same debt-swap bullshit that killed Enron. Banks went on to trade in debt - an eventual cause of the financial meltdown. RBS was a major culpable party but their chairman, Fred Goodwin, managed to get away with returning the knighthood and a fraction of his pension, while protected by a super-injunction making it illegal to reveal to the public he was a banker[1]. He continues to enjoy 'Royal Family' level police protection, has his properties removed from Street View [2] and is granted a level of establishment protection no-one else could dream of if they had been responsible for any catastrophe of even a fractional proportion.

[1] http://www.theguardian.com/business/2011/mar/10/fred-goodwin... [2] http://www.theguardian.com/technology/2014/jun/20/fred-goodw...