In the historical context of the 2008 financial crisis, which of the following best describes the legal repercussions for those responsible?
- The U.S. government implemented extensive reforms that resulted in the incarceration of multiple high-profile financiers.
- A notable number of executives from major financial institutions were imprisoned for their roles in the crisis.
- Despite the widespread financial impact, very few individuals faced jail time due to legal and regulatory challenges.
- The crisis led to the execution of several prominent figures as part of severe legal consequences.