That's what I want; to live in a country where prosecutors and investigators are working on a quota system, and have a financial interest in convicting every individual, whether or not you are guilty of anything,.
I didn’t say that prosecutors, much less jurors, should be financially incentivized. But financial fraud investigators should be. And I didn’t suggest a “quota system” for anyone. You don’t need one if people are being well-compensated in direct relation to how much fraud they uncover. Quotas are for salaried employees, like police officers writing traffic tickets.
The pay differential between senior positions at the SEC and Fed, and the senior positions at the hedge funds and institutions that urgently need investigating, is mind-bogglingly huge. Several years ago, I knew a young woman who graduated from a top college with top grades in economics, and went to work for the Fed right out college, thinking the salary they offered her was just fine. Within 3 months she’d come to her senses. She stuck around for a year or two, went and picked up a PhD in economics, and went to work in the private sector.
The smartest people won’t work for 5-10% of their market value, so we end up with the dumb and/or unmotivated ones doing the investigating, and the brilliant and/or determined ones running the financial institutions and hedge funds. Not hard to see why the catch rate is so low.