But even now you can still pay the president to pardon without the president putting up any collateral. There is zero risk for the president. At least with collateral the families hurt by the criminal in the future can be compensated by state using that collateral money.

Or another way without collateral would be the president/board get fined heavily to compensate the future victims. And board member lose their license. Just like an architect or doctor lose license for malpractice. Whatever the solution is, someone need to held responsible and take responsibility.