In Hollywood, there used to be a set of strict rules and guidelines that all motion picture companies agreed to follow called the Hays Code, The Hays Code is actually the "Motion Picture Production Code,"
The code was created in 1930 to help rehabilitate the image of the movie industry after a number of Hollywood scandals, including the murder and alleged rape of actress Virginia Rappe. Religious groups also called for censorship of the content seen on film, and the conservative publisher and film magazine journalist Martin Quigley helped recruit Jesuit priest Father Daniel A. Lord to help write a code to list what would be appropriate and inappropriate for movies. Enforcement of the code wasn't very prominent until about 1934.
In "It's a Wonderful Life," a rule in the Hays Code is violated but almost never mentioned. The Code requires that no character can profit from his/her crime. Anyone who breaks the law must be eventually arrested or meet some other suitable justice. In the movie, Mr. Potter is accidentally handed a newspaper by Billy containing an $8,000 bank deposit. He keeps the money, even though he knows full well who it belongs to and how it accidentally came into his possession. To keep the money was pure theft -- a crime.
Some argue that his motivation for keeping the money was to take over the Building and Loan, and that plan in the end was thwarted -- thus, no "profit". So, the $8,000 was a means to an end, not an intentional crime per se. Nevertheless, failing to bankrupt the Building and Loan did not punish Potter for the theft of $8,000. In fact, the movie never reconciles the loss of the money, thus we assume Potter kept it. Had he sent someone over to return the money after learning that the Building and Loan had been rescued, then the Code would have been followed.
In general, the code is pretty apparent in most Hollywood movies that were shown on TV. In fact, in "It's a Wonderful Life," when George is on the phone yelling at Zuzu's teacher for his daughter catching cold, the original line in the film says, "...sending her home half-naked..." . When it aired on TV, they dubbed over that to say, "...sending her home in the rain...".
Like I said .... "strict!"
