the chickenshit club the justice department and its failure to prosecute white collar criminals

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The Chickenshit Club

Author : Jesse Eisinger
ISBN : 9781501121388
Genre : Political Science
File Size : 52. 18 MB
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Winner of the 2018 Excellence in Financial Journalism Award From Pulitzer Prize–winning journalist Jesse Eisinger, “a fast moving, fly-on-the-wall, disheartening look at the deterioration of the Justice Department and the Securities and Exchange Commission…It is a book of superheroes” (San Francisco Review of Books). Why were no bankers put in prison after the financial crisis of 2008? Why do CEOs seem to commit wrongdoing with impunity? The problem goes beyond banks deemed “Too Big to Fail” to almost every large corporation in America—to pharmaceutical companies and auto manufacturers and beyond. The Chickenshit Club—an inside reference to prosecutors too scared of failure and too daunted by legal impediments to do their jobs—explains why in “an absorbing financial history, a monumental work of journalism…a first-rate study of the federal bureaucracy” (Bloomberg Businessweek). Jesse Eisinger begins the story in the 1970s, when the government pioneered the notion that top corporate executives, not just seedy crooks, could commit heinous crimes and go to prison. He brings us to trading desks on Wall Street, to corporate boardrooms and the offices of prosecutors and FBI agents. These revealing looks provide context for the evolution of the Justice Department’s approach to pursuing corporate criminals through the early 2000s and into the Justice Department of today, including the prosecutorial fiascos, corporate lobbying, trial losses, and culture shifts that have stripped the government of the will and ability to prosecute top corporate executives. “Brave and elegant…a fearless reporter…Eisinger’s important and profound book takes no prisoners” (The Washington Post). Exposing one of the most important scandals of our time, The Chickenshit Club provides a clear, detailed explanation as to how our Justice Department has come to avoid, bungle, and mismanage the fight to bring these alleged criminals to justice. “This book is a wakeup call…a chilling read, and a needed one” (NPR.org).

Why They Do It

Author : Eugene Soltes
ISBN : 9781610395366
Genre : Business & Economics
File Size : 82. 24 MB
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Capital Offenses Business Crime And Punishment In America S Corporate Age

Author : Samuel W. Buell
ISBN : 9780393247848
Genre : Business & Economics
File Size : 80. 30 MB
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From the lead prosecutor on the Enron investigation, an eye-opening examination of the explosion of American white-collar crime. If “corporations are people too,” why isn’t anyone in jail? A serious defect in a GM car causes accidents; Enron scams investors out of their money; banks bet on the housing market crash and win. In the race to maximize profits, corporations can behave in ways that are morally outrageous but technically legal. In Capital Offenses, Samuel Buell draws on the unique pairing of his expertise as a Duke University law professor and his personal experience leading the investigation into Enron—the biggest white-collar crime case in U.S. history—to present an in-depth examination of business crime today At the heart of it sits the limited liability corporation, simultaneously the bedrock of American prosperity and the reason that white-collar crime is difficult to prosecute—a brilliant legal innovation that, in its modern form, can seem impossible to regulate or even manage. By shielding employees from legal responsibility, the corporation encourages the risk-taking that drives economic growth. But its special legal status and its ever-expanding scale place daunting barriers in the way of federal and local investigators. Detailing the complex legal frameworks that govern both corporations and the people who carry out their missions, Buell shows that deciphering business crime is rarely black or white. In lucid, thought-provoking prose, he illuminates the depths of the legal issues at stake—delving into fraudulent practices like Ponzi schemes, bad accounting, insider trading, and the art of “loopholing”—showing how every major case and each problem of law further exposes the ambivalence and instability at the core of America’s relationship with its corporations. An expert in criminal law, Buell masterfully examines the limits of too permissive or overzealous prosecution of business crimes. Capital Offenses invites us to take a fresh look at our legal framework and learn how it can be used to effectively discipline corporations for wrongdoing, without dismantling the corporation.

Secrecy World

Author : Jake Bernstein
ISBN : 9781250126696
Genre : Business & Economics
File Size : 70. 19 MB
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A two-time Pulitzer Prize-winning journalist takes us inside the world revealed by the Panama Papers, a landscape of illicit money, political corruption, and fraud on a global scale. A hidden circulatory system flows beneath the surface of global finance, carrying trillions of dollars from drug trafficking, tax evasion, bribery, and other illegal enterprises. This network masks the identities of the individuals who benefit from these activities, aided by bankers, lawyers, and auditors who get paid to look the other way. In Secrecy World, the Pulitzer Prize winning investigative reporter Jake Bernstein explores this shadow economy and how it evolved, drawing on millions of leaked documents from the files of the Panamanian law firm Mossack Fonseca—a trove now known as the Panama Papers—as well as other journalistic and government investigations. Bernstein shows how shell companies operate, how they allow the superwealthy and celebrities to escape taxes, and how they provide cover for illicit activities on a massive scale by crime bosses and corrupt politicians across the globe. Bernstein traveled to the Caribbean, Latin America, Europe, and within the United States to uncover how these strands fit together—who is involved, how they operate, and the real-world impact. He recounts how Mossack Fonseca was exposed and what lies ahead for the corporations, banks, law firms, individuals, and governments that are implicated. Secrecy World offers a disturbing and sobering view of how the world really works and raises critical questions about financial and legal institutions we may once have trusted.

Swim Against The Current

Author : Jim Hightower
ISBN : 9780470121511
Genre : Business & Economics
File Size : 22. 6 MB
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Argues that readers who question authority, trust in their values, seek alternatives, and stand up for their beliefs can transform the world around them, enrich their own lives, and build a better future dedicated to the common good.

Free Lunch

Author : David Cay Johnston
ISBN : 9781101216514
Genre : Business & Economics
File Size : 20. 53 MB
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The bestselling author of Perfectly Legal returns with a powerful new exposé How does a strong and growing economy lend itself to job uncertainty, debt, bankruptcy, and economic fear for a vast number of Americans? Free Lunch provides answers to this great economic mystery of our time, revealing how today's government policies and spending reach deep into the wallets of the many for the benefit of the wealthy few. Johnston cuts through the official version of events and shows how, under the guise of deregulation, a whole new set of regulations quietly went into effect-- regulations that thwart competition, depress wages, and reward misconduct. From how George W. Bush got rich off a tax increase to a $100 million taxpayer gift to Warren Buffett, Johnston puts a face on all of the dirty little tricks that business and government pull. A lot of people appear to be getting free lunches, but of course there's no such thing as a free lunch, and someone (you, the taxpayer) is picking up the bill. Johnston's many revelations include: How we ended up with the most expensive yet inefficient health-care system in the world How homeowners title insurance became a costly, deceitful, yet almost invisible oligopoly How our government gives hidden subsidies for posh golf courses How Paris Hilton's grandfather schemed to retake the family fortune from a charity for poor children How the Yankees and Mets owners will collect more than $1.3 billion in public funds In these instances and many more, Free Lunch shows how the lobbyists and lawyers representing the most powerful 0.1 percent of Americans manipulated our government at the expense of the other 99.9 percent. With his extraordinary reporting, vivid stories, and sharp analysis, Johnston reveals the forces that shape our everyday economic lives and shows us how we can finally make things better. From the Hardcover edition.

A Nation Under Lawyers

Author : Mary Ann Glendon
ISBN : 0674601386
Genre : Law
File Size : 62. 18 MB
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Offering a guided tour through the maze of the late-twentieth-century legal world, in which even lawyers themselves can lose their bearings, Glendon depicts the legal profession as a system in turbulence, where a variety of beliefs and ideals are vying for dominance. "Glendon's analysis has historical depth and ideologial subtlety".--Publishers Weekly. 8 illustrations.

Imperial Nature

Author : Michael Goldman
ISBN : 0300132093
Genre : History
File Size : 56. 63 MB
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Why is the World Bank so successful? How has it gained power even at moments in history when it seemed likely to fall? This pathbreaking book is the first close examination of the inner workings of the Bank, the foundations of its achievements, its propensity for intensifying the problems it intends to cure, and its remarkable ability to tame criticism and extend its own reach. Michael Goldman takes us inside World Bank headquarters in Washington, D.C., and then to Bank project sites around the globe. He explains how projects funded by the Bank really work and why community activists struggle against the World Bank and its brand of development. Goldman looks at recent ventures in areas such as the environment, human rights, and good governance and reveals how—despite its poor track record—the World Bank has acquired greater authority and global power than ever before. The book sheds new light on the World Bank’s role in increasing global inequalities and considers why it has become the central target for anti-globalization movements worldwide. For anyone concerned about globalization and social justice, Imperial Nature is essential reading.

What Every American Should Know About Who S Really Running America

Author : Melissa Rossi
ISBN : 9781440621031
Genre : History
File Size : 24. 35 MB
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A guide to the politicos, money men, lobbyists, and deal makers who really run America What foreign country has the power to send America crashing into a recession? Why is the USA still dangerously dependent on oil, when viable energy alternatives have existed for decades? Who made the call that we should return to nuclear energy—and then took a high-paying position with a nuclear company? Which youth group was a spawning ground for many contemporary power mongers? What lobbyists and special-interest groups are running the show on Capitol Hill—and exactly what tools of persuasion are they using? Melissa Rossi answers these questions and more in this timely and topical guide to who’s pulling the strings behind the scenes of American politics. This latest edition of Rossi’s popular What Every American Should Know. . . series puts the spotlight on our own backyard, covering topics like: • Which groups ensure that Americans pay more for drugs than any other nation • How our immigration laws are damaging the U.S. economy • Who’s telling the school boards what your child will learn • Who really benefits from U.S. foreign policy • How corporations and government agencies are spying on us • Why we should avoid electronic voting • Who killed the electric car and who exposed it Organized by topic for easy reference, What Every American Should Know About Who’s Really Running America shows Americans what is going on behind the scenes and how they can counterbalance the influence of a small, powerful elite to put the power back where it should be—in the hands of the people. From the Trade Paperback edition.

Eye Of The Storm

Author : John Ringo
ISBN : 9781618247308
Genre : Fiction
File Size : 24. 83 MB
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The Fight for the Galaxy is On! Earth's Posleen invasion is contained¾at a huge cost in human blood and anguish. Now hard-nosed commander Mike O'Neal discovers that he's saved our world only to unwittingly lead humanity into slavery. It's another twist of the knife in the human back courtesy of those wannabe Masters of the Universe, the Darhel. But the Darhel are about to experience an even nastier revelation of their own. For there are other universes¾universes with occupants so ravenous they make the Posleen horde seem like a Boy Scout troop. Occupants with the mind-bending power to open a door between realities¾and invade a certain double-spiral galaxy like the plague! As war turns to rout and slaughter, the Darhel have no choice but to beg the one man who hates them more than anything to lead the counter-attack. General O'Neal, welcome to your destiny. The galaxy that betrayed you is now depending on you for salvation! At the publisher's request, this title is sold without DRM (Digital Rights Management). At long last ¾ the latest and greatest entry in military SF master John Ringo's ground-breaking "Posleen War" series, and a direct sequel to his New York Times best-seller Hell's Faire. "If Tom Clancy were writing SF, it would read much like John Ringo." ¾Philadelphia Weekly Press. "[Combines] fast-moving battle scenes with vignettes of individual courage and sacrifice." ¾Library Journal on New York Times and USA Today best-seller John Ringo's "Posleen War" saga.

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