Under the Corporate Executive Accountability Act, prosecutors could go after corporate executives of companies for criminal negligence “if that company is found guilty of a crime or is found liable for a civil violation affecting the health, safety, finances, or personal data of 1 percent of the U.S. population or 1 percent of the population of any state.” The companies would have to have more than $1 billion in annual revenue which, of course, would currently include not just Wells Fargo and other big banks, but companies like Equifax, another one of Warren’s recent targets. “Personal accountability,” Warren writes, “is the only way to ensure that executives at corporations will think twice before ignoring the law. It’s time to stop making excuses and start making real change. . . . It’s not equal justice when a kid with an ounce of pot can get thrown in jail while a wealthy executive can walk away with a bonus after his company cheats millions of people.”

The bill has little chance of getting through a Republican-controlled Congress, so any C.E.O. currently committing white-collar crime on a mass scale can probably breathe easy, though who’s to say what things will look like come 2020!

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Patagonia rips out Wall Street’s heart and stomps all over it

No, this is neither a drill nor a sick April Fools’ Day joke:

Patagonia Inc. is cracking down on the corporate logo vests that have become wardrobe staples on Wall Street and in Silicon Valley. The outdoor gear maker won’t create the products for just anyone through its corporate sales program. Recently, Patagonia has shifted its focus to “mission-driven companies that prioritize the planet,” the company said in a statement late Tuesday. It has made gear for all kinds of companies in the past, from big banks to nonprofit organizations.

“While I think new fintech start-ups are going to be devastated if they can’t get co-branded Patagonia vests, I’m not too surprised that Patagonia is taking a closer look at how their brand is being used, and probably trying to not let Patagonia be synonymous with the ‘finance bro,’” communications executive Binna Kim, who first noticed the change, told BuzzFeed. While financial-services employees will, of course, still be able purchase and wear regular Patagonia vests, I think we all know it won’t be the same as rolling up to [insert Murray Hill bar of choice here] and letting everyone know you came straight from your cube at JPMorgan or Point72 Asset Management without saying a word. (Obviously, gear that was manufactured before the ban went into effect will now triple in value, much like its sleeve-toting compatriots.)