Time to get serious about corporate and white collar crime

GM was fined $35 million for its decade-long cover up of an ignition switch defect.  The defect has been linked to at least 13 deaths.  However, $35 million is less than one day's revenue for GM. This is "punishment"?  This is going to deter GM and other big auto makers?  Since the major economic and financial collapse a few years, massive crime and corruption has been unmasked on Wall Street and many major institutions.  However, "white collar" and corporate crime have been with us for many decades.  The American people need to stand up and say "I'm mad as hell, and I'm not going to take it anymore."  We need to get serious and get moving on this.  I propose:
1. A National Commission, similar to the one LBJ set up on crime decades ago, to assess the problem and suggest solutions.  This will draw attention to the issue.  We can take a comprehensive look at the research, look at various state and other national laws, begin discussions. etc.  Obviously, it needs to be funded adequately, and the commission members must represent the mainstream political spectrum.
2.  Prosecutors, police, agencies and attorneys general and others with responsibilities in these areas need to be turning more attention to these crimes.  Violent crime is generally down. More resources are need to fight white collar and corporate crime.
3.  Congress and state legislatures need to address some things right now--such as dangerous auto defects.  Penalties need to be greatly increased, oversight and monitoring need to be increased, etc. For deterrence to work, penalties need to be serious and the chances of being caught have to be strong.
4. Voters need to throw out those who are not serious about these problems and put in those who  are.
5.  Elected officials need to appoint agency officials, prosecutors, etc. who are serious about these problems.
5.  At the same time we have to assure that due process and property rights are respected and that we don't create conditions that will seriously hurt the economy.  We have to avoid "throwing the baby out with the bath water." 
6.  Although it may sound radical to some, we need to get over the "too big to let fail" syndrome.  The assets of repeat offenders should be forfeited and auctioned off and sold to those who  will keep the business going and get serious about internal reform.
It will take awhile to pull it all together.  Even then, legislation and policies will have to be refined over time.  I'm made as hell and I'm not going to take it anymore.  Let's get this thing going!  Let the study, analysis and debate begin.