And yet very often companies, because they say they didn't intend to harm anyone, can avoid taking responsibility for the results of their actions, and that has been a very dangerous loophole in the law.
This loophole means that the Southern Nevada water authority will usually draw around 445,000 acre-feet of water from Lake Mead during a normal year, or about 40% more than they're technically allotted for.
Here’s what we propose: Close loopholes for the wealthiest investors and levy a 0.7% fee on the biggest banks to discourage the kind of risky behavior that crashed our economy just a few years ago.