OldNSalty
Contributor
From my understanding, Frank Lorenzo, the former chairman of Texas Air, was prohibited by a judge from ever owning airlines again after the Eastern Airline debacle. Several prominent members of Wall Street have also been banned from working in the securities industry. Granted while these types of restrictions are not the norm, they do seem to be within the judges power to enforce.
These are easy to enforce. I worked in banking for a number of years and I am sure it is pretty easy to tell the SEC to not issue a license to a certain person (thus shutting them out of the business all together). I imagine the FAA would work likewise.
Telling someone they can't dive-for life...not very easy or practical to enforce...in fact, pretty close to impossible.